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Two quick ideas from CitiFX
Currency investors should consider buying EUR/GBP or buying EUR/NOK this week, advises CitiFX in its weekly FX picks to clients.
"Trade idea 1: Buy EURNOK 9.3445, target 9.60, stop loss 9.22
Trade idea 2: Buy EURGBP at 0.7895, target 0.8145, stop loss 0.7785," Citi advises.
Citi weekly trades provide short term guidance on where they see 1-2 week opportunities in G10 FX markets. Unless Citi explicitly extends them, they will close out automatically at COB the second Friday after they are introduced.
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