Tag Archives: EUR/SEK
Global FX Strategy: SEK ahead of the Riksbank
SEK: Riksbank on hold not necessarily SEK bullish To cut or not to cut in December is a hard guess, but a scenario where the Riksbank leaves rates unchanged will likely come with a lower rate path,
FX trade ideas for 2014
This year has seen a strong recovery in the euro and dollar at the expense of commoditycurrencies, Scandies and the JPY. Central banks still play the most important role in guiding FXmarkets,
FX Daily
In connection with the ECOFIN meeting EU finance ministers are expected to continue yesterday’s euro-group negotiations about a resolution mechanism for failed banks.
The euro is still bid and the yen relentlessly offered. EUR/SEK targets >9.0050.
EUR/USD: We are stubbornly clinging to the idea of the advance beingcorrectional. We have to admit it has gone farther thanthought, but it looks correctional nevertheless.
JPY weakness. CABLE peaking?
EUR/USD: The market opened the week with an unusually big gap (to1.3748) higher only to immediately trade lower filling thegap to the NY close, 1.3706.
FX Daily
Banking union is expected to top the agenda at today’s euro group finance minister meeting, where an agreement on a single resolution mechanism for failing banks remains the main stumbling block.
Scandi markets ahead: Inflation and government bond auction week
Swedish November inflation data are published on Thursday. We expect a slighttightening of the deviation from the Riksbank’s latest CPIF forecast from 0.4pp to 0.3pp.
FX G10 Morning Trader Views
EUR – All eyes on NFP this afternoon, however regardless of the actual number, I think EURUSD will end the week higher. Our customer base were consistent buyers yesterday,
€ on a firm footing. NOK/SEK decline to pause.
EUR/USD: Again a dip below 1.3550 was met by aggressive buyingpushing the pair up to a new correctional high, 1.3678,hence passing the ideal correction target at
FX Daily
Market movers today * Main focus will be the US labour market report, which will be crucial for timing of Fed tapering.
FX Daily
Market movers today * Euro retail sales are expected to have moved sideways due to a weak German figure but there is an upside risk owing to an improvement in consumer confidence.