A stronger Yen still seems inevitable over time – SocGen
|Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes the FX picture.
AUD and NZD are vulnerable as yields fall and China struggles
AUD and NZD are vulnerable as yields fall and China struggles, JPY will likely stay in the current range for a while longer (but a stronger Yen still seems inevitable over time) and it may still be too soon for a Wile E Coyote moment in Sterling.
Maybe slowly buying more NOK and SEK will be the best course of action, given superattractive levels and the possibility they’ll be much stronger by this time next year.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.