The US dollar may have a hard time pressing its upside directional case any farther here until a clear picture emerges (or just as importantly, does not emerge) in the wake of the US election tomorrow. Tonight, the RBA meets and is likely set to cut rates and launch a...
Fixed Income Markets: the week ahead
Besides the US election, Treasuries will be sensitive to the Treasury's quarterly auction plan, the Federal Reserve meeting and jobs data. We believe that there is space for Treasuries to rally today and tomorrow with the 10-year Treasury yields falling as much as 5bps, while the 30-year Treasury yields have...
Possible trend shift in AUDJPY – going short
SELL 73.078 - 73.488 Add to Watch List Signal ID: 73864 Time Issued: Monday, 02 November 2020 00:00:16 GMT Status: open Entry: 73.078 - 73.488 Limit: N/A Stop Loss: 74.103 The Tidal Shift Strategy has just sold AUDJPY at 73.283. The system recommends entering this trade at any price between...
Podcast: Strong dollar, weak equities and treasuries ahead of US election
Today we look at the market action heading into this week as risk sentiment ex Asia remains in the dumps on new Covid-19 lockdowns and possibly on jitters ahead of the US election. A look at the steepening US yield curve and the drivers there and thoughts on the USD...
USDJPY broke above upside confirmation, more upside !
USDJPY broke above upside confirmation, more upside !
USDJPY broke above upside confirmation, more upside !
USDJPY broke above upside confirmation, more upside !
COT: Renewed rotation into grains out of energy and metals
Futures and options positions and changes made by hedge funds across 24 commodity futures during the week to October 27.Saxo Bank publishes two 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...
BTC bounce from support, potential for a further rise|2 Nov 2020
BTC bounced off 13660 where it could potentially rise further to 14578 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
BTC bounce from support, potential for a further rise|2 Nov 2020
BTC bounced off 13660 where it could potentially rise further to 14578 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Market Quick Take – November 2, 2020
US and European equity markets are in a funk on US election uncertainty ahead of Election Day tomorrow and as Covid lockdowns descend across Europe, with England also announcing its own month-long lockdown at the weekend. Crude oil punched to new lows since May, although the mood to start the...