FXStreet (Barcelona) – Kit Juckes of Societe Generale offers the outlook for EUR/USD, EUR/SEK, and the NZD.
Key Quotes
“A decent spot to go short EUR/USD? Either go short EUR/SEK or go long Swedish exporters in equity-land if you think the Riksbank is going to ignore growth and focus on disinflation. Short Oz and Kiwi on principle. Watch oil drifting lower all yesterday and this morning, albeit within a tight range.”
(Market News Provided by FXstreet)