Fast FX Fair Value Model Still Selling NOK SEK

Crédit Agricole's FAST FX model initiates a new short position in NOK/SEK at 1.0151, targeting a fair value of 1.0003. Other pairs like EUR/SEK and EUR/GBP show overvaluation but lack sufficient signals for a trade entry under current 'unstable' model regimes.

Key Takeaways

• 1.The FAST FX model has triggered a new short NOK/SEK trade due to persistent overvaluation, with a fair value estimate of 1.0003.
• 2.The previous NOK/SEK short trade was stopped out for a loss of -1.21% last week.
• 3.EUR/SEK and EUR/GBP models are currently unstable; both pairs show overvaluation but haven't reached the 2-standard-deviation sell trigger required for secondary models.

Table of Contents

• Still selling NOK/SEK
• Short-term fair value charts
• t-statistic charts
• Historical trade performance
• FX Research advanced tools
• Red Mount Analytics
• Global Markets Research contact details
• Certification
• Valuation and methodology
• Disclaimer

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