Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
While the yen underperformed during the global monetary tightening phase, in our view the currency will likely outperform as tightening cycles eventually come to an end and central banks turn to easing. Yen outperformance over time should also be supported by U.S. recession as well as recent actions by the Fed, which have made U.S. dollar liquidity more readily...
The greenback could be relatively stable in the near term. There is some potential for safe-haven support for the U.S. dollar, but further Fed tightening should be modest, and global central bank actions to make dollars more readily available will likely provide an offset to potential dollar strength. Thus, we expect the U.S. currency to come under renewed...
After a strong first quarter for equity markets, the second quarter brings its share of new challenges. The unexpected announcement from OPEC+ to cut oil production did not provoke panic in stock markets, with the main stock markets closing the day up, but caution is still the name of the game. The ISM manufacturing index, released yesterday in the United States,...
Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern and watch strong price action for buy.
With the global economy showing more resilience and the Fed slowing its pace of tightening, we believe EM currencies can outperform relative to G10 peer currencies this year. Attractive real yields should result in market participants accumulating exposure to developing currencies, while our assumption for contained banking sector stresses should lead to improved...
With the global economy showing more resilience and the Fed slowing its pace of tightening, we believe EM currencies can outperform relative to G10 peer currencies this year. Attractive real yields should result in market participants accumulating exposure to developing currencies, while our assumption for contained banking sector stresses should lead to improved...
The Canadian dollar remains relatively weak against the greenback, as it continues to hover near its cyclical high. While many investors fear a tightening of global credit conditions, some believe that Canadian bank could face a very difficult environment due to their exposure to residential real estate in a much higher interest rate environment. Combined with...
The Canadian dollar remains relatively weak against the greenback, as it continues to hover near its cyclical high. While many investors fear a tightening of global credit conditions, some believe that Canadian bank could face a very difficult environment due to their exposure to residential real estate in a much higher interest rate environment. Combined with...
After a strong first quarter for equity markets, the second quarter brings its share of new challenges. The unexpected announcement from OPEC+ to cut oil production did not provoke panic in stock markets, with the main stock markets closing the day up, but caution is still the name of the game. The ISM manufacturing index, released yesterday in the United States,...
While the yen underperformed during the global monetary tightening phase, in our view the currency will likely outperform as tightening cycles eventually come to an end and central banks turn to easing. Yen outperformance over time should also be supported by U.S. recession as well as recent actions by the Fed, which have made U.S. dollar liquidity more readily...
The greenback could be relatively stable in the near term. There is some potential for safe-haven support for the U.S. dollar, but further Fed tightening should be modest, and global central bank actions to make dollars more readily available will likely provide an offset to potential dollar strength. Thus, we expect the U.S. currency to come under renewed...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.