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G10 FX Financial Scorecard‏: Week Of December 10, 2012

Published 12/10/2012, 08:09 AM
Updated 05/14/2017, 06:45 AM

This week, the scorecard recommends buying GBP, EUR, JPY while selling AUD, NOK, SEK.

All indicators with the exception of FX performance this week favour a long GBP position. Last week's decline in EUR seems overdone according the model and the scorecard also recommends being long EUR this week.

The AUD appears expensive after last week's strong performance and the scorecard recommends a short position this week. A short AUD position is also supported by technical and interest rate indicators. Despite last week's solid performance in NOK and SEK, the short basket this week also includes the Scandies.

Last weeks' signals resulted in a 0.3% gain. Especially the long NZD position performed well while the short SEK was expensive.
G10 FX financial scorecard
To Read the Entire Report Please Click on the pdf File Below.

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