Here is our view:
- Long USDJPY - Global yields will rise and cause further outflows from Japan, higher inflation expectations and Trump will deliver fiscal stimulus
- Short AUDUSD - AUD will be affected will slowdown in Chinese demand while we are bullish on USD
- Short EURNOK - NOK will benefit versus Euro due to rising oil prices and local forward interest rate
- Short EURGBP - Undervalued GBP will recover because we will not see more negative news from UK
- Short EURUSD - The pair is heading to the parity - USD strength combined with European political uncertainty
