2020

EURUSD Rises Back on Speculation of US Rate Cut The euro recouped most of February’s losses after the greenback retreated across the board last week. The first confirmed coronavirus case with unknown origins in the US raised concern that…
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Almost all asset classes, with the exception of bonds, closed strongly bearish into Friday’s close. Even safe-haven precious metals succumbed to the panic. Economic data was pushed to the backseat. Investors ignored the 0.6% monthly…
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Did you know that Aussie hit an 11-year bottom on the back of coronavirus-inflicted flows? Risk-on appetite has shifted dramatically, but many analysts still see 65c. as the major saver. However, we don't! Our Head of Investment…
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Whether the United Kingdom will stay united after Brexit is a surprisingly fraught question. People have quite definitive opinions on the subject, which has a strong political component. As with all things political, it's not really…
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PALLADIO (XPDUSD): In Attesa Di Onda 4 Ribassista S2: 2,664.29     S1: 2,754.55     R1: 2,905.29     R2: 3,056.03 Le forti tensioni sviluppate dai mercati finanziari hanno trovato sfogo verso i cosiddetti beni rifugio, ai quali non si è…
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The fourth quarter GDP growth in the United States stood at 2.1%. This was in line with estimates and unchanged from the preliminary release. There were some upward revisions to private inventory investments, exports and federal spending.…
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The last Friday of the month is crammed full of what are often second-tier GDP numbers. The markets see them this way as they are from smaller economies. However, they are just as relevant for their respective currencies, despite being…
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The latest housing data covering new home sales showed a sharp spike. Data from the Commerce Department revealed that new home sales rose by 7.9% to an annual rate of 764,000. This was the highest level in twelve years. USD was…
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The commerce department will be releasing the second estimate on the fourth-quarter GDP from 2019. The median expectations point to a modest increase from the preliminary estimates. In the first estimate, the commerce department said…
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The current USDCNH structure suggests that the cycle degree triple zigzag w-x-y-x-z completed and markets have reversed into a bullish trend. This primary degree 5-wave upside consists of waves ①-②-③-④-⑤. With waves ① and ②fully…
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