EURUSD 1.3378 |
USDJPY 102.97 |
GBPUSD 1.6896 |
AUDUSD 0.9313 |
USDCAD 1.0910 |
GBPJPY 173.98 |
EURJPY 137.77 |
AUDJPY 95.88 |
CADJPY 94.37 |
Silver 20.54 |
A Rotation Trade Hidden in the Fed Talk
The US dollar climbed broadly as traders buckle up for a big day but the source of buying might not be what you think. The dollar was the top performer while the kiwi continued to lag. The day ahead is jam-packed with top-tier indicators. In today's edition of the Premium Insights, we publish a new justification for the existing EURJPY trades with two new charts as they net +150 pips gain. Both EURAUD trades are netting +500 pips gain, while last week's PRE-RBNZ AUDNZD trade netted +190 pips.1 of 2 GBPUSD long was stopped out. Full access to trades & charts is in the Premium Insights.
The market will be transfixed on the news and releases in the day ahead but below the surface a little-talked-about trade might be poised to have a bigger impact.
Chinese shares have surged 6% in the past week and some related products have seen massive volume spikes. Rumors of market liberalizations are fuelling the gains but we wonder where the money is coming from.
21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities
Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order.
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