Eventful day yesterday with SEK strength and GBP weakness (GBPSEK down to a 21year low). EURSEK exited the past months range breaking 8.50/51 (next down to 8.43 and then a corrective bounce), NOKSEK fell down to its primary target. 1.1475, USDSEK to a marginally new low and OMX rose to levels not seen since late 2007. EURUSD spiking above mid body point suggests end to the correction, USDJPY short term exhaustive signs lining up, EURNOK it is still a struggle at support, CABLE broke lower whereas EURGBP rose, AUDNZD eyeing the 2010 low @ 1.2105, EURHUF doji most likely ended the downside correction, BUND prices fell back (mid body week test)and so did US notes ones, S&P500 climbing on fumes, €stoxx50 late selling looks encouraging for lower levels and OIL ripe for a small setback.
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SEB