Markets consolidates/corrects on the dawn of ECB/BOE and speeches from both Bernanke & Obama… Nothing we see are real trend-benders and continuation of trends is likely on the other side of these events… EURUSD retains the summer’s low of 1.3838 in sight and GBPUSD could sink into the high-1.57s… EURSEK & EURNOK could soon extend losses despite stretches in both pairs… NOKSEK should enjoy support around the -1.18 handle… Bunds & T-notes should extend correctional losses while stocks could stay a float for a little while longer…
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Tech team
Skandinaviska Enskilda Banken AB