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USD/SEK: Sell-off to be triggered – Commerzbank

USD/SEK has remained capped by 10.00 over the past 3 quarters and strategists at Commerzbank suspect is building a top pattern. The pair is sitting at 9.382.

Key quotes

“Looking for a sell off to 9.2931 December 2019.”

“Building a head and shoulders top that will complete on a close below 9.24 and trigger a sell off initially to the 200 week ma at 8.9027.”

 

USD/CNH could drop to the 6.8700 area – UOB

In opinion of FX Strategists at UOB Group, USD/CNH does not rule out a potential visit to the 6.87 area in the next weeks. Key Quotes 24-hour view: “U
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US: Fed going down to 0% – Danske Bank

Strategists at Danske Bank have changed their Fed call based on the latest events. They expect further rate cuts as soon as in March and do not rule o
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