EUR/USD, GBP/USD: Range-bound for now; EUR/JPY: staying short – SocGen

SocGen on euro, sterling and yen
SocGen Research sees a scope for EUR/USD and GBP/USD to stay range-bound in the near-term.
"Last week's CFTC data are a puzzle. Speculative euro longs
grew very sharply in the week to March 31, a week which did see EUR/USD
bounce from 1.07 to 1.11, but that's a meagre return