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Simon Fasdal
From Germany to Switzerland, negative bond yields are becoming all too common across Europe. Ahead of the ECB meeting this Thursday, head of fixed income at Saxo Bank, Simon Fasdal, discusses what's going on and how to trade QE.
Squawk / 14 May 2014 at 8:16 GMT
Head of FX Strategy / Saxo Bank
Denmark
EURJPY breaks to new lows since early March below 140.00 as noise level on ECB action increases (Reuters was out this morning with a story similar to yesterday's DJN story and ECB's Praet was out this morning with similar comments backing up what those stories have covered on the potential for ECB easing soon, though said government bond buying was only an option if the outlook clearly worsens. Weidmann will be interviewed later today at 1430 GMT. Note in the attached chart that the pair is breaking clear of the Ichimoku daily cloud as well.

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