Filed Under:
Forex pairs in this Article » GBP/USD, USD/JPY (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale is bearish GBP/USD for the long term.

Key Quotes

"In the meantime, quiet markets are the order of the day in G10 FX, though the Turkish Lira and South African rand remain under pressure in EMFX. USD/JPY needs to break free from its 102.50-105.50 range to see an acceleration. AUD and CAD are having temporary bounces."

"Yen AUD and CAD are all currencies of which we remain bearish. GBP/USD is quiet after good house price data overnight and ahead of UK Labour market data on Wednesday. We are long term GBP/USD bears."
comments powered by Disqus