Unimpressed with the euro's break above $1.31, Bank of America analysts say gains beyond the current level should be limited. "Indeed, while EUR/USD should continue to chop ... before squeezing higher towards 1.32/1.33, the larger trend is still bearish," the bank says, insisting that traders should "sell this squeeze." The outlook for EUR/JPY is at least modestly constructive, BofA says, saying the current yen weakness targets a move toward 111.62. The same view is shared by currency strategists at the Bank of Tokyo-Mitsubishi UFJ as they see the dollar bulls can still ride high in the coming week, but they need ... (full story)