Dollar whirlwind gathers force. Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes FX market outlook. An opportunity to buy SEK and
Dollar whirlwind gathers force. Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes FX marketThe current period of Dollar strength is triggering a bit of a bounce in volatility, albeit from very depressed levels for some pairs. I’m hoping this will give us an opportunity to get buy SEK and possibly more NOK, in the coming days. I really don’t want to get left behind, failing to take advantage of the two Scandinavians’ relative cheapness.
As for AUD, NZD, and JPY, all sitting at psychologically interesting levels, I don’t have the stomach to buy any of them here. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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