USD Tanks, Extends Downtrend Vs The Majors
In addition to lagging the majors, the USD is trailing the Chinese yuan badly. Since 1 November, the USD/CNY is down approximately 2.25%. Full Article
Powell Speaks, USD Falters Vs The Forex Majors
Talk of large COVID-19 stimulus packages being passed in the near future is sending the USD south vs the forex majors. Full Article
Safe-Havens On The March During Mid-Week Trade
For most of October, a test of 0.9000 in the USD/CHF has appeared imminent. Now, as the safe-havens gain steam, it may actually happen. Full Article
Safe-Havens In A Holding Pattern Ahead Of Weekend Break
On the safe-haven front, there isn’t much going on. However, the USD/CHF remains within striking distance of that key 0.9000 handle. Full Article
Early-Session Vaccine, Goldman Sachs Optimism Fades
If a COIVD-19 vaccine comes out by the end of 2020, then a stock rally is likely; if not, the V-shaped recovery may turn into a U or W. Full Article
USD Showing Strength Vs Havens
Be ready for the action in safe-havens and the USD to shift over the next 24-hours as October trade kicks off. Full Article
USD/CHF Fails to Violate Triple Top – SNB Leaves Interest Rate at -0.75%
Swiss National Bank was expected to leave the interest rate on hold at -0.75% and that's exactly what SNB did. But there are few takeaways.. Full Article
