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USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

EURO-SEK
EURO-SEK: /VIEW: SEB note that "after being on a strengthening trend since 21
March, the SEK has lost 1.7% vs. the EUR since 8 June. We find the current level
as attractive to buy SEK, targeting EUR/SEK at 10.33 and 10.22 in 3m and 6m,
respectively. We expect the SEK to be driven by the international sentiment,
leaving it vulnerable if recent signs of increasing Covid-19 infections in
Germany and the US were to cause a more pronounced decline in the general risk
appetite. In comparison, expectations of a dovish Riksbank next week is likely
to be of secondary importance for the krona for now."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com