Here are the top-5 FX trading ideas for 2014 from SEB strategist Carl Hammer:
- Buy USD/JPY at 101.50 with a target of 109 and a stop-loss at 99
- Sell EUR/SEK now. Add after a Riksbank cut on Dec 17
- Sell GBP/CHF: Current UK growth expectations too optimistic, BOE expectations too hawkish
- Buy USD/CAD below 1.06 and expect the pair to hit 1.10 or higher
- Sell USD/CNY. China will allow faster FX appreciation
Those are all reasonable ideas, although some of those bandwagons are already crowded.