Sive Morten
Special Consultant to the FPA
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Good morning,
All markets now stand under pressure, due rising demand for USD. Investors start worry of solid US Treasuries devaluation on a background of default shock. This, in turn could lead to solid drop of margin where US Bonds are used as collateral. EUR also stands under pressure and we consider 1.08 level as nearest target:
All markets now stand under pressure, due rising demand for USD. Investors start worry of solid US Treasuries devaluation on a background of default shock. This, in turn could lead to solid drop of margin where US Bonds are used as collateral. EUR also stands under pressure and we consider 1.08 level as nearest target:
