The consolidation in the US dollar bear trend continues as global markets start the week on wobbly footing on some of the usual suspects returning and grabbing the spotlight, from Covid-19 concerns looking more global again, to longer term concerns on the US-China relationship and maybe even on the implications...

This week, there is the risk that Treasury yields will continue to rise as Federal Reserve's speakers might expand on the tapering comments in the FOMC minutes last week. Suppose a Democratic Congress has pushed tapering expectations forward. In that case, Treasury yields will rise faster than expected trying as...

Has the reflation trade gone too far already? Our view is no, as there is no policy alternative to the reflation trade, which means that the economy will be stimulated until employment and earnings have been restored to levels before the pandemic started.Last week was all about the reflation trade,...

Price is approaching resistance where we could see a reversal below this level.

Price is approaching resistance where we could see a reversal below this level.

Positions and changes made by hedge funds across commodities, forex, bonds and stock index futures during the week to January 5Saxo Bank publishes weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the...

The Breakout Opportunities system has just sold AUDJPY at 80.16. The system recommends entering this trade at any price between 80.014 and 80.346. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.236, suggesting that the AUDJPY may have further...

Today, we look at the vicious volatility in crypto currencies over the weekend and at the start of a new week, a week that has likewise started on a sour note for global equities, possibly due to fresh Covid-19 dread. A discussion today on what equity markets are best positioned...

NZDUSD is reaching key support and is ready for a bounce back!

NZDUSD is reaching key support and is ready for a bounce back!