Monday, 4 June 2012

Buy NOK, SEK, Sell USD, AUD, NZD, JPY -Danske


Danske recommends buying NOK, SEK and USD and selling AUD, NZD and JPY in this week's scorecard. Bank says despite having a "couple of rough weeks" with the SEK early last month, its scorecard favors Scandies yet again, with NOK being the most interesting and scoring high on all input factors. "The AUD remains the least attractive G10 currency in our view with falling interest rates and negative move in positioning," Danske Bank says.


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