Archives

With exports accounting for 30% of New Zealand’s GDP, RBNZ will keep NZD weak in order to spur exports amid the global pandemic. Short NZD/USD?

As long as central banks’ stimulus works, buying stocks when they drop is always a good strategy.

Though Bank of England (BoE) said the hit on economy may not be as severe as initially feared, it does not mean the recovery will be quick. GBP/USD could continue its downtrend.

With the surge of a second wave of infections and rise of geopolitical tension in Asia, we could see flows into safe havens. Long Gold?

The progress of the economy reopening continues to weigh on risk assets, short USD/JPY this week?

With the potential second virus wave and a lockdown, US stock futures could slide lower. Short SPX/USD?

With Powell reinforcing their dire assessment of the country’s economic prospect for the coming years, safe-haven assets could continue to rise. Long gold?

With the market expecting Fed to act slightly neutral, dollar could rise higher this week.

With investors looking past all data weakness and in favour of the economy re-opening and expectations of strong 2H growth, EUR/USD rally could end. Short EUR/USD?

As lockdowns continue to ease globally, the optimism from the market could spur US stock futures higher. Long NAS/USD on retracement?