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Nordea's month-end FX indicator recommends....>

FOREX
FOREX: Nordea's month-end FX indicator recommends buying SEK or EUR against the
JPY, but they caution that the SOMA-day on October 1st could complicate matters.
Nordea write:
-Slight buy signals appear for EUR and SEK, and sell signals for JPY, as
Japanese equity and bond markets are the outlier for the month.
-JPY markets are the only markets to perform out of the ordinary for September.
-Nordea watch the 'SOMA-day' on Sunday Sep30 taking effect on October 1st and
expected the USD and the JPY to perform well (particularly after 1430CET). 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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