Merrill Lynch survey’s its fund manager clients each month and publishes a survey. This month’s survey shows sentiment moving against Europe and toward the US.
Not surprising, given the unsettled backdrop in the euro zone in recent months.
EUR/USD continues to range trade, edging into the 1.3720s as gold bounced to fresh session highs around $1125 after finding support around $1100 in recent days. It trades now at 1.3719.