EUR/JPY Responds to Long-term Slope Support into Close of Q3 EUR/JPY near-term slope identified off the lows Updatedtargets & invalidation levels End of quarter / Japan & Eurozone CPI numbers on tap EUR/JPY Daily...
AUD/USD Remains Constructive Above 7570- U.S. Durable Goods on Tap Talking Points AUDUSD rally at risk ahead of U.S. Durable Goods Orders Updated targets & invalidation levels Headline print expected to contract for the 4th time in 2016...
COT-Most Selling by AUD Speculators Since 2013 Biggest 1 week selling by AUD speculators since 2013 Record ownership profile in MXN Record open interest in silver The COT Index is the difference between net speculative positioning and net commercial positioning measured...
GBP-crosses Revisiting Brexit Lows, JPY Poised to Strengthen Talking Points: - Quietly, the British Pound has shed all of its post-Brexit gains. - Top in British Pound came day after UK Parliament came back into session - coincidence? No...
Yen Soars as Sentiment Deteriorates Across Financial Markets Talking Points: Yen gains as BOJ, Deutsche Bank drive broad-based risk aversion Brexit-linked news flow pulls Pound into wider risk on/off dynamics Comments from ECB’s Draghi, Fed officials compound negativity...
Crude Oil Drops as Output Deal Hopes Dim Before OPEC Meeting Talking Points: Crude oil prices drop before a much-anticipated OPEC meeting Gold prices stalling having failed to build on post-FOMC gains Fed-speak bodes ill for gold, crude oil volatility set to continue...