Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macro and Geopolitical Research House

FX Watch: Have FX Markets Sniffed out an Upcoming Rebound?

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macroeconomics

<ul><li>We have been trying to trade the EURUSD on the short side a few times over the past 1-2 months with mixed results.</li><li>Our fundamental story has been proven right but we have struggled to make money trading the relative weakness in Europe compared to the US in FX space.</li><li>The bet has paid off in various other proxies such as the US equity superiority but not in FX.</li></ul>

We have been trying to trade the EURUSD on the short side a few times over the past 1-2 months with mixed results.Our fundamental story has been proven right but we have struggled to make money trading the relative weakness in Europe compared to the US in FX space.The bet has paid off in various other proxies such as the US equity superiority but not in FX.

FX Watch: Everything that Matters for EUR/USD Is Natural Gas