<p>Here, I am going to take a look on weekly and daily charts of Euro Swissy $EURCHF. In a quiet natural way, this cross is a ratio of two pairs: $EURUSD and $USDCHF. In weekly time frame, the pair $EURCHF shows a strong positive correlation to $USDCHF which is currently turning up. We expect the […]

<p>Retail sales increased 0.4% in January Soft start to 2020 will get much worse as containment measures kick in That retail sales edged up 0.4% in January will carry little or no weight in markets or from policymakers given the dramatic shock to come. The January numbers themselves were not particularly strong &#8211; excluding prices, [

<p>It’s been another incredible week in the markets but one that at least looks likely to end on a positive note, with stock markets making decent gains for a second day. This isn’t enough to put the week into the green but we’re not far away and there’s still time. It’s also far to early […]

<p>Explosion of coronavirus cases should further delay Korea’s economic recovery, leading Bank of Korea to push forward the rate cut to as soon as this week. Last month, policymakers shifted the tone to neutral from dovish. However, the January meeting was held before the spread of China’s coronavirus to the rest of the world. It […]

<p>Despite the recovery over the past few days, Japanese yen has still lost -1.6% against US dollar in the first 3 weeks of February. This phenomenon is puzzling as JPY, as traditional safe-haven currency, usually strengthens as global uncertainty and risk aversion intensify. There are a number of reasons for the loss of JPY’s safe-haven [&he

<p>As suggested in the CFTC Commitments of Traders report in the week ended February 25, NET LENGTH in USD Index added +849 contracts to 26 077. Speculative long positions dropped -638 contracts and short positions declined -1 487 contracts. Bets on both sides obviously shrank as the market pondered about the next move of the […]

<p>As the world’s largest reserve currency, movement of US dollar reflects its two roles. First, the strength of USD reflects the well being of the domestic economic developments. The greenback rises against other currencies if US’ economy is expected to perform better than others. Second, as the world’s biggest risk-free asset, demand for US

<p>As suggested in the CFTC Commitments of Traders report in the week ended December 31. NET LENGTH in USD Index dropped -1 177 contracts to 12 054. Speculative long positions added +907 contracts and short positions added +2 084 contracts. Concerning European currencies, NET SHORT for EUR futures added +1 402 contracts to 74 345. […]

<p>As suggested in the CFTC Commitments of Traders report in the week ended January 7. NET LENGTH in USD Index added +414 contracts to 12 468. Speculative long positions dropped -1 120 contracts and short positions fell -1 534 contracts. Concerning European currencies, NET SHORT for EUR futures declined -12 681 contracts to 61 664. […]

<p>As suggested in the CFTC Commitments of Traders report in the week ended January 14. NET LENGTH in USD Index added +795 contracts to 13 263. Speculative long positions gaomed +1 765 contracts and short positions added +970 contracts. Concerning European currencies, NET SHORT for EUR futures declined -13 482 contracts to 48 182. NET [&helli