Long USD still preferred - Societe Generale

FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, remains buying the USD.

Key Quotes

"Good morning. Stay long CAD/JPY and long NOK, PLN and USD vs shorts EUR, CHF and SEK in FX."

"Stay long 5yr Europe vs. US in bond-land and long 30s vs 10s in gilts. If you hate football, you’ve only got a week to get through and then it’s all over until the new season starts."

"But the really big story today, is that ‘Le Tour’ is coming to ‘The Tower’. Maybe I’ll take Geraint Thomas’ advice and take a selfie from the tree next to my desk...."

AUD/USD bounces off 0.9340

The Aussie dollar seems to have found decent support around 0.9340 on Monday, pushing the AUD/USD to test the upper band of the range at 0.9360/65...
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