Deutsche Bank Advises Long Positions in SEK, ZAR, CLP and INR If Strait of Hormuz Oil Flows Resume
Deutsche Bank currency strategists suggest investors take long positions in the Swedish krona, South African rand, Chilean peso and Indian rupee against either the U.S. dollar or the euro. The bank links the potential appreciation of these currencies to a resumption of oil shipments through the Strait of Hormuz and highlights positioning and domest…