Gold and the HKD
The Currencies Gauging the Crisis
The Australian dollar is among the currencies that have dramatically recovered since the start of global lockdowns. The Japanese yen, often considered a safe haven, has flattened as the global economic picture improves.
Trading Currencies: USD and XAU
Gold (XAU/USD) continues to shift to new yearly highs, at above US$1,800oz there is little sign of it breaking back below the US$1,652oz support level that would have seen a bearish signal, and every chance it will test the resistance band at US$1,830oz.
Charts Today: Markets Up Heading into US Holiday
Early Look: Tuesday, June 30, 2020
Stock futures in the U.S. are looking at a mixed open, trying to add to the strong gains on Monday following a round of coronavirus updates that showed COVID-19 cases, while still rising, rose much less than the prior day levels in some of the bigger “hot-spots” around the country including FL, CA and AZ.
Charts Today: Markets Hold Steady, US NatGas Tumbles
Adding US Dollars to Stock Trades
Early Look: Thursday, June 25, 2020
Stock futures are pointing to a lower open as concerns over increasing coronavirus cases continues to raise the fears of slowing the economy further after initial signs of improvement.
USDCAD Reclaims 61.8% Fib Retrace of Mar-Jun Slide
Can Lower Rates Help Russia Recover?
Trading Currencies: Risk Wants to ‘Win’
Markets are showing us that they just want to ‘buy risk’ and anything that supports this thesis is brought up with glee. This is despite the risk of a second wave becoming ever more prevalent and the growing risk of a harder lockdown being put in place.
Gold Can Shine in a Dismal Dollar Environment
Late Night Comedy
East Asian equity indices showed a V-shaped rebound in the morning after President Trump used Twitter to confirm the US-China trade deal is intact, after White House advisor Peter Navarro said the deal was over in a Fox News TV interview last night.
Sensex Zooms 524 Points; Realty and Energy Stocks Rally
Trading Currencies: Second Wave Right to DXY
Texas, Florida, some smaller mid-west U.S. states and now parts of China are starting to see larger daily increases of virus case. The second wave is now a real possibility.
What’s Moving : June 16, 2020
Early Look: Tuesday, June 16, 2020
Stocks are surging around the globe, with U.S. futures pointing to an extension of yesterday’s sharp turnaround higher following more central bank commentary and actions.
June 15, 2020
Technical Analysis Heading into Monday’s Open: June 15, 2020
Webinar – SGX – Resilient India: Offshore Investing Into The World’s Largest Democracy
SGX FX Futures Volume Grew 12% M-O-M to US$106 Billion in May, As Economies Reopen After Months of Lockdown
Trading Currencies: Riding the Wave Momentum
The momentum in the AUD/USD has now become something different altogether and something we want to flesh out further as there are signs that the wave AUD is riding could be sustained for the rest of 2020.
Currency Hedging: Fine for Bonds, Not for Stocks
Early Look: Thursday, June 4, 2020
Stock markets are pointing to a lower open, something not seen since late last week, and following European markets lower in a bout of profit taking ahead of the ECB meeting later this morning (7:45 AM EST)