FlowBank

1170 days ago

Forex chart of the day: AUD/USD weekly inside bar

There is an inside bar pattern on the weekly chart - this means there has been a pause in the bullish price action - a break below the pattern plus a break below a rising trendline on the daily chart could confirm a bearish reversal

#Forex #Technical Analysis
Forex chart of the day: AUD/USD weekly inside bar

1170 days ago

Hedge funds increasingly bet against the dollar

Hedge funds boosted net short positions to the highest in nearly three years in the week through Jan. 12, according to data from the Commodity Futures Trading Commission. Investors placed bullish bets on the pound and are expecting the euro, Australian and New Zealand currencies to rise. - Bloomberg

#Forex

1171 days ago

Euro is strong vs. USD with inflation remaining low

The EUR/USD is going up as the EUR keeps climbing upwards. Can it reach $1.30 ? Some critique the ECB for not pumping enough cash into the system. Source; FT

#Forex

1171 days ago

If you took inflation expectations in isolation, EUR/USD probably topped

Much higher inflation trajectory in the US than Europe would suggest future monetary policy favours the USD

#Bonds #Forex #Macro
If you took inflation expectations in isolation EURUSD probably topped

1171 days ago

USD/CNH 2-year swaps suggest spot pops to $6.60

The strong Chinese yuan doesn't seem to be a problem for China, which just reported huge export growth - however - swaps suggesting move lower in USD/CNH could be overdone

#Forex
USD/CNH 2-year swaps suggest spot pops to $6.60
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