BoA-ML: bulls on the U.S. need to be negative data

Bookmark this on stock markets in Europe today is difficult to name a positive, but, while in the past few weeks, several major stock indexes have passed the position, the movement still seemed quite natural, given the active recovery with the minimum of March, and the dramatic deterioration in the appetite for risk has been None. In the absence of such investors, according to currency strategists Bank of America - Merrill Lynch, may continue to show demand for assets in emerging markets that will contribute to a negative for the U.S. currency cash flows. In addition, the bank draws attention to the fact that the bulls of the oil is not willing to give up, and now force in "black gold" to a fresh peak of about $ 73.40 a barrel, which is also an adverse factor for the dollar. Evidence from the UK, published today, have made investors a negative impression, and provide some support for the dollar, and the BoA-ML indicate that the market needed fresh negative reports, but otherwise, further weakening the U.S. currency looks quite realistic scenario.