by IvanD » Wed Jan 13, 2021 1:00 am
Quick TakeForex Indices: The Breakdown [01-13]The USD was sold harshly as a solid 10y UST auction led to have second thoughts over the recent bond sell-off. In fact, the USD set to record a down day for 2021 after three days of upside. Still, do remember where we stand in the grand scheme of things via this video analysis.The major sell-off makes me near term agnostic of further downside in the USD, especially in light of the pocket of demand retested in the USD index. Looking at the broader market spectrum, the EUR, CHF, JPY all hold a bearish outlook, while the GBP, AUD, NZD are gaining traction, but too much too quick.
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As Head of Market Research at Global Prime with over a decade of experience in capital markets, I focus on providing expert market analysis from a technical and fundamental standpoint to Global Prime’s global clients and media outlets, with currencies the area of most expertise and dedication.
My views on the FX market are insightful and actionable, connecting the dots to interpret market dynamics and uncover opportunities. I dive into monetary and fiscal policies, economic data, geopolitics & macro fundamentals. My role also includes oversight of Global Prime’s brand reach globally.
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