Archives

As ECB will be keeping QE “as long as necessary” due to risks tilted to the downside, Euro might continue to sell off in the coming months. Sell EUR/USD?

Despite a rebound in Canada’s employment, sluggish productivity and lower oil prices could cause BoC to lean towards dovishness. CAD/JPY could be a good pair for shorts.

ECB may continue to loosen monetary measures amid economic uncertainties in the region, short EUR/USD?

As existing tariffs on Chinese goods remain even after the phase one deal, global trade tensions might not be better off yet. Long gold would be a safer bet.

China Vice Premier Liu He will be flying to Washington today to commence phase one talks on 15 January. We could see a shift into risk-on sentiments this week.

Iran’s retaliation could be seen to the US administration as an “act of war” which could further escalate the current conflict. Safe-haven bets could be your best bet.

As risk-off sentiments may be here to stay for some time, buy gold at dip?

The move by the US to launch an airstrike on Baghdad’s airport could be the spark of a major escalation. Gold may retrace slightly back to 1537, finding support before moving higher towards 1553.

As trading ranges typically expand during the new year week, we expect USD/JPY to move lower from a technical perspective.

As UK needs to race for trade deal with EU in next 11 months, short GBP/USD upon any rally.