United Kingdom Jan BRC Shop Price Index (MoM) 0.6%
Feb 6, 2013
Forex Flash: EUR/USD, selling topside risk around 1.40-1.42 preferable - Societe Generale
According to Sebastien Galy, currency strategist at Societe Generale, "selling topside risk around 1.40-1.20 range in EURUSD is rational and most probably deep downside risk as the ECB is managing credit risk to help policy transmission and willing to pay the price of a somewhat expensive currency."
RBS strategist Drew Brick thinks the market is getting ahead of itself; "there is little to suggest that we will get anything other than a continuation of easy money policies from the globe’s major central banks for so time to come."