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FRIDAY - The Major Highlights That Will Move The Fx Market - Business - Nairaland

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FRIDAY - The Major Highlights That Will Move The Fx Market by adextetoo(op):
Tuesday 11/8/2020 - The Major Highlights That Will Move The Fx Market
1. Today's market headline themes will be mostly about stimulus talks in the US, the resilience of Oil prices, and German Zew sentiment that came out much better than expected.
2. We expect oil-linked currencies like the CAD to perform well today.
3. EUR-USD currently trades close to resistance at 1.1800 however note there are decent option strikes at 1.1750 later today.
4. We are not calling off the reflation trade but we see a possible correction in the EUR-USD.
5. Technically we look at the floor of 1.1690 been hit before further upward movements
6. We also recommend a sell USD-JPY trade call. it's our view that JPY strength will grow because of inflationary concerns.

TRADE RESPONSIBLY



Wednesday 12/8/2020 - Headlines in the forex markets will be dominated by US treasuries sell-off today.
1. The most pressing challenge for the reflation trade is the US 10 year yields.
2. Sustainability of factor reversals on UST yields in the absence of a rise in US yields is a key concern.
3. The factor yield becomes more likely to fizzle out.
4. At Alexis Philips Global Markets we expect UST to break over 0.72% and hold the line.
5. This afternoon in the New York trading session there would be UST quarterly refunding where $38 billion of 10 year yields and $26 billion of 30-year yields will be issued.
6. We see speculative supply and demand shifts in DM futures markets.
7. A new investor appetite for P/B stocks and cash equity markets.
8. July CPI is in view and we expect dollar strengths during the New York trading session.
9. Dxy can press towards 94 or even 94.50
10. On the Options front, there are strikes at GBP for 700million Pounds at 1.3000 tomorrow.
11. JPY for $2.6 billion maturing in the coming day
12. EUR 1.1700 in the coming days.

TRADE RESPONSIBLY



THURSDAY 13/8/2020- The Major Highlights That Will Move The Fx Market

1. We are expecting US unemployment claims report this afternoon
2. We expect a reduction claims because of the reduction in the benefits.
3. The deadlock in stimulus negotiation is also an issue of concern.
4. The US - Chinese relations is generating additional heat and can't be ignored
5. Today's move of the EUR USD above 1.1800 is notable and the rally seen yesterday is irrational market reaction.
6. It shows us price action is still two way
With the downside favored for EUR USD
7. We think the EUR USD rally is a fools rally
8. We expect futher correction

TRADE RESPONSIBLY



FRIDAY 14/8/2020- The Major Highlights That Will Move The Fx Market

1. US China tensions and stimulus negotiation brohaha are off the headlines today as the US Senate is in recess.
2. It's rising treasuries and retail sales that dominate trading sentiments today.
3. We see risky assets dominating the play today.
4. EUR strikes maturing today are 2.08 billion EUR at 1.1900 and 1.14 billion at 1.1850.
5. We favour a bullish Euro from here

TRADE RESPONSIBLY
Re: FRIDAY - The Major Highlights That Will Move The Fx Market by crestedaguiyi: 2:29pm On Aug 11, 2020
the market just opened at your end?
Re: FRIDAY - The Major Highlights That Will Move The Fx Market by adextetoo(op): 2:33pm On Aug 11, 2020
crestedaguiyi:
the market just opened at your end?
sorry its coming late, this is due to availability
Re: FRIDAY - The Major Highlights That Will Move The Fx Market by adextetoo(op): 11:24am On Aug 12, 2020
Wednesday 12/8/2020 - Headlines in the forex markets will be dominated by US treasuries sell-off today.
1. The most pressing challenge for the reflation trade is the US 10 year yields.
2. Sustainability of factor reversals on UST yields in the absence of a rise in US yields is a key concern.
3. The factor yield becomes more likely to fizzle out.
4. At Alexis Philips Global Markets we expect UST to break over 0.72% and hold the line.
5. This afternoon in the New York trading session there would be UST quarterly refunding where $38 billion of 10 year yields and $26 billion of 30-year yields will be issued.
6. We see speculative supply and demand shifts in DM futures markets.
7. A new investor appetite for P/B stocks and cash equity markets.
8. July CPI is in view and we expect dollar strengths during the New York trading session.
9. Dxy can press towards 94 or even 94.50
10. On the Options front, there are strikes at GBP for 700million Pounds at 1.3000 tomorrow.
11. JPY for $2.6 billion maturing in the coming day
12. EUR 1.1700 in the coming days.

TRADE RESPONSIBLY
Re: FRIDAY - The Major Highlights That Will Move The Fx Market by crestedaguiyi: 12:30pm On Aug 12, 2020
whats your outlook NZD and pound
Re: FRIDAY - The Major Highlights That Will Move The Fx Market by adextetoo(op): 1:37pm On Aug 12, 2020
crestedaguiyi:
whats your outlook NZD and pound
$USD n $EURGBP demand pushing $GBPUSD down to test strong support/bids at 1.3000 having chewed thru the 1.3020 tranche.Taking some more pips down here but staying core short from recent re-sells as my subscribers know.More bids at 1.2980-85 n $EURGBP has sellers 0.9050-60
Re: FRIDAY - The Major Highlights That Will Move The Fx Market by adextetoo(op): 1:37pm On Aug 12, 2020
$USD n $EURGBP demand pushing $GBPUSD down to test strong support/bids at 1.3000 having chewed thru the 1.3020 tranche.Taking some more pips down here but staying core short from recent re-sells. More bids at 1.2980-85 n $EURGBP has sellers 0.9050-60
Re: FRIDAY - The Major Highlights That Will Move The Fx Market by crestedaguiyi: 3:23pm On Aug 12, 2020
can i connect with you to share trade ideas
Re: FRIDAY - The Major Highlights That Will Move The Fx Market by adextetoo(op): 12:12pm On Aug 13, 2020
THURSDAY - The Major Highlights That Will Move The Fx Market

1. We are expecting US unemployment claims report this afternoon
2. We expect a reduction claims because of the reduction in the benefits.
3. The deadlock in stimulus negotiation is also an issue of concern.
4. The US - Chinese relations is generating additional heat and can't be ignored
5. Today's move of the EUR USD above 1.1800 is notable and the rally seen yesterday is irrational market reaction.
6. It shows us price action is still two way
With the downside favored for EUR USD
7. We think the EUR USD rally is a fools rally
8. We expect futher correction

TRADE RESPONSIBLY
Re: FRIDAY - The Major Highlights That Will Move The Fx Market by adextetoo(op): 11:18am On Aug 14, 2020
FRIDAY 14/8/2020- The Major Highlights That Will Move The Fx Market

1. US China tensions and stimulus negotiation brohaha are off the headlines today as the US Senate is in recess.
2. It's rising treasuries and retail sales that dominate trading sentiments today.
3. We see risky assets dominating the play today.
4. EUR strikes maturing today are 2.08 billion EUR at 1.1900 and 1.14 billion at 1.1850.
5. We favour a bullish Euro from here

TRADE RESPONSIBLY
1 Reply

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