Bank of America Merrill Lynch FX/EM 2017 Outlook – EUR/JPY, RUB/KRW Trade Recommendations

Bank of America Merrill Lynch FX/EM 2017 Outlook – EUR/JPY, RUB/KRW Trade Recommendations The document is a routine financial market analysis with trade ideas and macroeconomic commentary. It mentions no specific high‑profile individuals, government actions, or illicit financial flows, offering no actionable investigative leads. Key insights: Recommends buying a 6‑month EUR/JPY call spread based on ECB vs BoJ policy expectations.; Suggests a long position in RUB/KRW targeting 19.4 amid US fiscal expansion and oil price outlook.; Notes political risk in Italy, France, and South Korea affecting currency moves.