USDCHF could breakout, more downside !

In this week's earnings watch we are zooming in on Nvidia earnings expected to have had a big boost from the rally in cryptocurrencies, and also highlighting Berkshire Hathaway as the investment company is well positioned to comment on the potential inflationary environment.Earnings releases are still ticking in and last...

Yields closed at new cycle high on Friday and followed through to a degree in trading to start the week today, likely a key driver in spooking risk sentiment in equities. Commodity related FX has been happy to shrug off the usual sensitive to risk sentiment as some commodity prices...

Although the market is focusing on the rise of nominal US Treasury yields, we believe that the recent increase in US real rates is more alarming, and it is pointing to the fact that inflation expectations linger while the cost of capital is rising. This week, it will be critical...

AUDJPY breakout, more downside!

AUDJPY breakout, more downside!

Positions and changes made by hedge funds across commodities, forex, bonds and stock index futures during the week to February 16.Saxo 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...

Today we look at suddenly deteriorating risk sentiments, triggered at first blush overnight by a very weak session in mainland Chinese equities, although the US has been slipping since last Tuesday's record high, and we suspect the spike in global long yields is at the root of the case of...

Price is approaching support where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.