Showing posts with label forex trade. Show all posts
Showing posts with label forex trade. Show all posts

Thursday, December 15, 2016

Top trades for 2017

Here is our view:

  1. Long USDJPY - Global yields will rise and cause further outflows from Japan, higher inflation expectations and Trump will deliver fiscal stimulus

  2. Short AUDUSD - AUD will be affected will slowdown in Chinese demand while we are bullish on USD

  3. Short EURNOK - NOK will benefit versus Euro due to rising oil prices and local forward interest rate

  4. Short EURGBP - Undervalued GBP will recover because we will not see more negative news from UK

  5. Short EURUSD - The pair is heading to the parity - USD strength combined with European political uncertainty