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FOREX: MNI FX Fair Value Update: GBP Screening Undervalued Vs. CAD and CHF.
- Most undervalued: GBPCHF (-2.13)*, GBPCAD (-1.95), AUDCAD (-1.45), USDCHF
(-1.39), GBPAUD (-1.16)
- Most overvalued: CADCHF (0.6), USDNOK (0.71), NZDSEK (0.76), CADJPY (1.05),
- Slight undervaluation of GBP as a result of FV estimate edging higher. GBPAUD
no longer screens undervalued.
* Indicates z-score value