Societe Generale - On a 1-3-month view, we remain bulls of EUR and USD, bears of GBP, JPY, CHF and AUD

Societé Generale - "Jens Weidmann's overnight comments (Euro in line with fundamentals, ECB won't cut rates just to weaken the currency, etc) gave the Euro a lift, and remind everyone that Mr Draghi's ability to help the Euro Zone economy is limited by some of the Council. Yesterday's EUR/USD low at 1.3315 is major support but there will be plenty of sellers if we get anywhere near 1.35. I want to sell above 1.37, which doesn't mean  it'll happen.

(...) On a 1-3-month view, we remain bulls of EUR and USD, bears of GBP, JPY, CHF and AUD within G10."

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Tags: AUD/USD, AUDUSD, EUR/USD, EURUSD, GBP/USD, GBPUSD, Societe Generale, USD/CHF, USD/JPY, USDCHF, More…USDJPY

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