Bank of America Merrill Lunch FX Strategy Research outlines its FX trading strategy for the rest of 2017. Starting with the USD, BofAML argues that the trigger for a meaningful move higher in USD will be strongly predicated on progress on tax reform, andUSD bulls will need to be more selective. On the EUR, BofAML notes that following the French elections, the focus for the EUR shifts to the ECB QE tapering debate this fall, and as both the Fed and the ECB will be tightening policies, while the BoJ remains on hold, BofAML recommendslong both USD and EUR against JPY, while sees the EUR/USD outlook as being mixed for ... (full story)