EURUSD is “The House of Frustration” and still no strong views there… GBPUSD might lead the way though with abearish print added yesterday – targeting 1.5920… Another frontrunner may be EURJPY which yesterday added its lowes session close since mid-Jan this year… EURSEK & EURNOK look bid and are likely to attack resistance levels above… BIG move higher in EURPLN tilts a broader outlook from sideways to bullish… Bonds are still bid while stocks consolidate… USD/CNY is sharply falling and could also test the 2008 low.
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Tech team
Skandinaviska Enskilda Banken AB