Euro short covering continued to dominate the scene also yesterday (Spec pos short euro trimming?). Dollar index eyeing the 79.00/50 buy area, rechecking and validating its neckline, EURSEK continues to trade lower and is eyeing the 2011 low 8.6990, EURNOK continues to trade erratic with yet another failure below support, NOKSEK managed to close below support an event that opens up for possible 1.13, EURPLN to be monitored closely as primary correction target now met however in perhaps a to impulsive move, Bond yields (Bund and Note)correctively higher, S&P500 on the verge of printing a medium term buy, OIL going nowhere and GOLD small offered (possible a 1626 setback).
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SEB tech team