0759 GMT [Dow Jones]--Despite renewed broad USD weakness, the U.S. bank thinks the latest setback for the greenback will be temporary. However, it has switched several of its positions into tactical USD short strategies, selling USD/JPY at 101.80 and looking to sell USD/CAD at 1.09, buy AUD/USD and EUR/USD on respective dips to 0.9350 and 1.3900.gary.stride@wsj.com
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(END) Dow Jones Newswires
May 08, 2014 03:59 ET (07:59 GMT)
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