The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and USD/CAD.
EUR/USD: With the FOMC minutes out of the way, Greece remains the focus for EURUSD. A rangeplay until there's something concrete from its talks with the Eurogroup, so stay flexible intraday
USD/JPY: is defensive the the wake of the cautious FOMC minutes...Following the stunning data set two weeks ago this may well have changed, so the minutes aren't such a threat to dollar bulls. Buy USDJPY dips here, and add towards 119.20/30, with a stop below 117.70.
USD/CAD: We would still look to buy dips between 1.2400 and 1.2310, with a stop below 1.2250, targeting a test of the downtrend line that currently intersects around 1.2620.
