Sneak Peek: Weaker Retail Sales Could Provide Dollar Long Opportunity
A weaker retail sale could cause the US yield curve to steepen, resulting in a stronger dollar due to US yield curve correlation with the dollar index. Long USD/JPY?
A weaker retail sale could cause the US yield curve to steepen, resulting in a stronger dollar due to US yield curve correlation with the dollar index. Long USD/JPY?
As RBA’s optimism last week was largely due to labour data, a stronger data tomorrow could boost the Aussie dollar. Short EUR/AUD if data surpasses expectations.
Bets on Fed to cut within the year increase, sell USD/JPY?
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With the market already pricing in a downgrade in eurozone economic projections, only a change in forward guidance could push euro lower. Short EUR/USD if Draghi were to mention a rate cut tonight.
As the market is already pricing in a rate cut today coupled with Governor Lowe’s optimism on Australia’s economy, EUR/AUD could fall further if GDP tomorrow is strong.
With current bets on rate cut rising amid a slowing US economy and stocks being unstable, short USD/JPY?
The “Percent vs Pips” graph plots the percentage growth versus the number of pips earned on specific dates. For example, on every specific date, we are able to see the pips earned and the growth on...
BOC could hold rates and reiterate cautiousness amid the trade war chaos and weaker oil prices. USD/CAD could close above 1.3500.
US stocks’ direction has been in tandem with USD/JPY for a long time. Short USD/JPY when stocks are too expensive now?