Monday, 17 September 2012

Danske G10 FX Scorecard Favors Buying USD, AUD, GBP


Danske Bank's G10 FX scorecard favors buying USD, AUD and GBP, while selling EUR, JPY and SEK. The bank says USD looks attractive after last week's strong headwinds, while long AUD is supported by all input factors. Technical indicators in particular favor short SEK, while short EUR is favored after last week's strong showing. The bank's G10 FX financial scorecard uses four inputs: technical analysis, interest rates, risk premium and positioning.

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