TMI Snapshot: Potential Downside to EUR on Relative COVID Acceleration & Elevated Positioning
Our text-mined indicators are picking up negative EUR sentiment on alarming relative COVID-19 trends and likely ECB easing. As DXY specs already...
229 Views
FX Risk Warnings and 1,850 Gold Buy Zone
DXY rise is gaining traction after the Euro broke below 1.18 trendline support per our fade call from 1.20 to 1.15. DXY rally call from 92 to...
258 Views
Dollar, Euro & Sterling in Focus, Asian Currencies Under the Radar Screen
Much of the market focus in recent months has been on major reserve currencies, namely: The US Dollar which, contrary to bearish expectations and...
295 Views
Trading a USD Short Squeeze, Then Re Short
Dollar Index (DXY CURNCY) is ripe for a squeeze higher given elevated short positioning and signs of downside exhaustion in the form of a...
236 Views
UK & Sterling Facing Potential Quadruple Whammy
Sterling has enjoyed a strong, if bumpy ride, since late-June. It has been the second strongest major currency against the US Dollar and...
598 Views