Main event seems to be equities taking a turn for the worse (pause or turn?). USDCAD’s triangle now completed and a break higher should be imminent, EURUSD continues its buy in the morning sell in the afternoon pattern (but still within the same old range), EURJPY is now close to what we believe will be the selling point 112.05, EURSEK we still expect bids around 9.08, EURNOK looking for support 7.75ish (or max 7.72ish), EURGBP continued strength, EURPLN is liked higher, ending the current bull congestion, BONDS ending corrective rise in yield, Gold attracting bargain hunters and Oil near its peak.
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Tech team
Skandinaviska Enskilda Banken AB