Tag Archives: EUR/CAD
Risk appetite index is back in the risk-neutral zone
The SEB Risk appetite index (RAI) * RAI moved back into it’s the risk-neutral zone after being in the risk-aversion zone almost all the time since Aug 2011. Since RAI have been correlated with the OECD leading indicator (which is lagging two months) this is a positive sign for the economic recovery going forward.
Daily FX Technical Strategy – EUR weakness is the consistent theme
A strong day for equity markets caught the headlines yesterday, but we are not convinced that it was a game changer and we believe caution is still merited. Despite two days of buying, the Shanghai Composite is still locked in a well-defined downtrend and the S&P500 has not yet broken decisively higher.