EURNOK - short on economic surprise differential
Fundamentals:
-EU: eco slowdown continues, underpinned by ECB
-NOR: inflation picking up, central bank will further hike this year -> carry trade
-NOK gained even under risk-off sentiment
-CitiBank Eco Surprise Index (1mo) differential: -53.9 vs +53.6 in favor of NOK
-EU: eco slowdown continues, underpinned by ECB
-NOR: inflation picking up, central bank will further hike this year -> carry trade
-NOK gained even under risk-off sentiment
-CitiBank Eco Surprise Index (1mo) differential: -53.9 vs +53.6 in favor of NOK
Transakcja zakończona: osiągnięto poziom stop:
Stopped out: trade I would take next time, short momentum did not continue
Zlecenie aktywne:
I got back in, eco backdrop the same