Forex Flash: Short JPY vs MXN, GBP; long NZD/JPY - Nomura
Forex pairs in this Article » NZD/JPY
FXstreet.com (Barcelona) - Global risk assets are likely to hold up well in the coming months, according to a note from Nomura strategists. "Independently of eurozone events, there are other risks, aside from Europe, such as the fiscal cliff in the US and a further decline in global growth momentum, but it can be argued that these are to some extent priced in by the market. We are currently short JPY against long MXN and GBP to express this view, and added long NZDJPY" Nomura notes.