Hawkish ECB Expectations

EURUSD Non-Commercials increased their net long positions in the Euro last week, buying a further 36k contracts to take the total position to 128k contracts. Investors have been increasing their upside exposure over recent weeks, as the market anticipates a faster pace of accommodative monetary policy removal over the coming year. The key f...

2018-01-17 James Harte Read more
Flag of North Korea

A few weeks ago, we thought that the geopolitical tensions have finally eased after North Korea announced its decision to delay the attack on the US Air-Base in Guam island. The US President Donald Trump thought that his threats to North Korea have finally worked and led the North Korean President to back off. Trump also said that North Korea’s...

2017-09-04 Nour Eldeen Al-Hammoury Read more

Since the beginning of the week, North Korea and the US are threatening each other, every other hour, and as always, the global markets and the investors are the biggest victims. Two words were enough to shake the global equities, including the US, Europe, and Asia. In addition, those two words were also enough to push safe haven assets sharply...

2017-08-10 Nour Eldeen Al-Hammoury Read more
SNB intervention

The Swiss National Bank left the interest rates on sight deposits and the 3-month LIBOR rates unchanged last Thursday. The central bank renewed its commitment to intervene in the forex markets if needed, noting that the Swiss franc was “significantly overvalued.” "In periods of uncertainty, [the franc] is still subject to increased upward press...

2017-07-26 John Benjamin Read more
COT report_Sterling_ECB

This data references the period ending Tuesday, 18th April. EURUSD Non-Commercials increased their net short positions in the Euro last week selling a further 2.6k contracts to take the total position to -22k. The resumption of selling in the Euro largely reflects elevated investor uncertainty ahead of the first round of voting in the Fre...

2017-07-26 James Harte Read more