Crédit Agricole's FAST FX model has triggered a short position on EUR/SEK due to the pair becoming over 1.5 standard deviations overvalued. The trade targets 10.7390 with a stop-loss of -1.49%.
Key Takeaways
- 1.The FAST FX model triggered a short EUR/SEK trade as it is more than 1.5 standard deviations overvalued.
- 2.The trade is targeting a price of 10.7390 with a stop-loss of -1.49%.
Table of Contents
- FAST FX: sell EUR/SEK
- Related publications
- New trades this week
- FX under/overvaluation – Z-scores
- FAST FX fair value summary
- Historical trade performance
- Historical trades
- Portfolio performance
- Red Mount Analytics
- Global Markets Research contact details
- Certification
- Foreign exchange disclosure statement to clients of CACIB
- Additional recommendation obligations – available from analyst(s) upon request
- Valuation and methodology
- MiFID II contact details
- Disclaimer
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Authors
Valentin MarinovDavid Forrester
Securities
EURSEK
Themes
Quantitative FX Trading
Regions
GlobalSwedenEurozone