31 Jan 2014
Flash: GBP/USD a February sell? - Societe Generale
FXstreet.com (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale believes that amongst other things GBP/USD is a sell in February.
Key Quotes
"Other 'things to do' for February include buying bank credit vs corporates, buying red short sterling futures vs Eurodollars, and selling Cable.”
“As for today, US PI, PCE, U-Mich and Chicago PMI will keep us busy this afternoon. We've already seen another little tick lower in Spanish CPI to 0.2% y/y, and we should confirm that the Euro Area unemployment rate is steady now at a mere 12.1%, later."
Key Quotes
"Other 'things to do' for February include buying bank credit vs corporates, buying red short sterling futures vs Eurodollars, and selling Cable.”
“As for today, US PI, PCE, U-Mich and Chicago PMI will keep us busy this afternoon. We've already seen another little tick lower in Spanish CPI to 0.2% y/y, and we should confirm that the Euro Area unemployment rate is steady now at a mere 12.1%, later."