Latest Euro Moves & Premium Insights
The core of the EURUSD losses over the past 24 hours has been attributed to something we long warned about -- The realization that Operation Twist from the Fed will not be sufficient in overturning negative market eroding sentiment suffering from the negative macro figures, without the coordinated help of liquidity operations from the ECB and Japan. This was the message from Wednesday's release of the FOMC minutes. Three weeks ago, we anticipated EURUSD to deliver a few more false rebounds before charting a gradual descent on its sub-1.20 path. The pair retested the $1.27 figure only once since its close below $1.25 in late May. Now that EURUSD has hit fresh 2-year lows at $1.2167 and the US dollar index hit new 2-year highs at 83.61, the broadening case for a higher greenback is more apparent. For DIRECT ACCESS to these Premium Insights, click here: http://ashraflaidi.com/products/sub01/access/?a=665 Non Subscribers can please click here: http://ashraflaidi.com/products/sub01/
Latest IMTs
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مقابلتي المفصلة مع جو الهوا
by Ashraf Laidi | Feb 26, 2021 13:29
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Yield Shield Peeled
by Adam Button | Feb 25, 2021 22:26
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Yields Hit Nasdaq, Bitcoin Pre-Powell
by Adam Button | Feb 23, 2021 14:35
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Yields Fly, Industrial Metals Follow, not Gold or Silver
by Adam Button | Feb 19, 2021 19:29
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Tempting Charts & Positive Conflicts
by Adam Button | Feb 18, 2021 19:02