Posts

The dynamics of the USD, Gold and CNH

During the past few years there has been a good correlation between the Gold and CNH. The Chinese Yuan has been a good proxy for US Dollar relative performance and risk on / risk off flows. As the Dollar strengthens, USDCNH naturally rises and vice versa.

Italy and the European Union: Danger Ahead or Plain Sailing?

With Italy frequently dominating the headlines in the recent weeks, it’s a good idea to take a macro look at the Eurozone: its origins, some aspects of its structure, and what dangers it might face in the near future. 

US Equities have rolled over but is this the market top?

The US equity markets are trading heavy after a strong selloff, is there more selling to come?

US Equities and Bonds may give the Forex market a hint

As the equity markets continue to extend their gains into the fall season, we continue to look at what the implications will be on currencies, and what potential outcomes we may have in the current environment. 

EURUSD, where to from here?

The EUR/USD has been quite erratic since early 2015. The Greek crisis caused the pair to drop from 1.40 to nearly parity, all in the space of 10 months, and that was a brutal move lower which destroyed longs. Since then, the pair has range traded between 1.04 and 1.24, spending some time near both […]

Crude Oil Blog Post

After a 55% rally since the 2017 lows, crude is now vulnerable

Precious Metals

Precious Metals are threatening with major technical breakouts

Precious metals – and commodities in general – have experienced a strong boost in the past couple of weeks. Oil seems to have been leading the charge since mid-2017 but what do we make of this move?