External broker reports(aggregated public sources), Scotiabank

Scotiabank

Scotiabank’s global foreign exchange strategy team provides in-depth regional insights and macro-economic analysis for G10 and advanced economies, Asia Pacific, and Latin America. Find technical and fundamental strategy reports focused on trade ideas, market risks, and the unfolding macro outlook. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

FX & Rates

<ul><li>The USD has started off the new year in a new frame of mind, it would appear, although the rebound currently underway took hold in late December just ahead of the turn of the year.</li><li>Markets are still shrugging off the after affects of the holidays and reduced participation that can sometimes exaggerate moves but the window for a moderate (at least) relief rally in the USD may be opening.</li><li>Firstly, my longer-term perspectives on the USD remain negative.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The USD has started off the new year in a new frame of mind, it would appear, although the rebound currently underway took hold in late December just ahead of the turn of the year.Markets are still shrugging off the after affects of the holidays and reduced participation that can sometimes exaggerate moves but the window for a moderate (at least) relief rally in the USD may be opening.Firstly, my longer-term perspectives on the USD remain negative.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FX Snapshot - Relief Rally Opportunity for the USD