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

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

FX & Rates

<ul><li>Hello everyone, and welcome to a shorter piece on where to find fundamental value in the current FX environment.</li><li>We’ll take a trip back to the theory books and use some of the good old correlations and fundamental value metrics to give some insights on the best FX bets now that the tightening cycle is likely soon coming to an end.</li><li>Read along, as we run through the most important pairs below.</li></ul>

Hello everyone, and welcome to a shorter piece on where to find fundamental value in the current FX environment.We’ll take a trip back to the theory books and use some of the good old correlations and fundamental value metrics to give some insights on the best FX bets now that the tightening cycle is likely soon coming to an end.Read along, as we run through the most important pairs below.

EURO/US DOLLAR

FX Watch – Exploring FX Fundamentals