The answer to Q1 is … Société Générale.
From Kit Juckes in his ‘FX Daily’ for July 8:
- Within G10, the Asian out-performance may offer us a chance to get short AUD/USD son.
- If we compare rate moves and FX since the current US rate uptrend started at the end of last November, AUD stands out as having significantly out-performed rate trends.
- NZD does too, to a lesser extent, while on the basis of monetary policy, SEK hasn’t fallen nearly enough, yet.
What do you think?
