BBG: StanChart Ups AUD, NZD, CAD, To Short Term Overweight From Neutral

  • Raises Euro year end forecast to 1.2700 from 1.2200.
  • Raises GBP year end forecast to 1.5900 from 1.5500.
  • Raises AUD year end forecast to 1.0700 from 1.0500.
  • Raises NZD year end forecast to 0.8100 from 0.7700.
  • Raises CAD year end forecast to 0.9800 from 1.0200.

The Fed may do even more easing, while ECB bond-buying program “significantly reduces tail risks” for Europe.

Euro, franc maintained “underweight”, JPY lowered to ‘Underweight’ .

Thank-you StanChart .

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