Adding Sell AUD/USD to Buy EUR/SEK

Crédit Agricole CIB's FAST FX model has triggered new signals to sell AUD/USD and buy EUR/SEK based on fair value overvaluation and undervaluation respectively.

Key Takeaways

• 1.The FAST FX model has initiated a short AUD/USD trade and maintained a long EUR/SEK trade due to significant deviations from fair value.
• 2.AUD/USD is more than 1.5 standard deviations overvalued, triggering a sell with a take-profit level of 0.6783.
• 3.EUR/SEK remains more than 1.5 standard deviations undervalued, leading the model to trigger another long position with a take-profit level of 10.9212.

Table of Contents

• Adding sell AUD/USD to buy EUR/SEK
• Related publications
• New trades this week
• FAST FX fair value summary
• Short-term fair value charts
• t-statistic charts
• Historical trade performance
• Global Markets Research contact details
• Certification
• Foreign exchange disclosure statement to clients of CACIB
• Additional recommendation obligations
• Valuation and methodology
• MiFID II contact details
• Disclaimer

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