FXS Invesco CurrencyShares Swedish Krona Trust Loading... : Bullish and Bearish Analyst Opinions

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12:01
Apr 17
Kamal Sharma G10 FX Strategist, Bank of America Global Research Bloomberg Markets
Favor non-dollar currencies for reserve diversification.
He observes that central banks are diversifying reserves away from the dollar into a broader basket of other currencies, including Scandinavian currencies, liquid Asian currencies (Singapore, Korea), and liquid Latin American currencies (Brazil, Mexico), rather than a straight shift to the euro or yuan.
FXS
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About FXS Analyst Coverage

Buzzberg tracks FXS (Invesco CurrencyShares Swedish Krona Trust) across 1 sources. 0 bullish vs 0 bearish calls from 1 analysts. Sentiment: evenly split. 1 total trade idea tracked. Latest voices: Kamal Sharma.