I decided to write a piece today because I have a high conviction view.
While it’s a holiday in the US, the FX market only takes two days off a year, and this isn’t one of them.
I decided to write a piece today because I have a high conviction view.
While it’s a holiday in the US, the FX market only takes two days off a year, and this isn’t one of them.
Is there a free lunch in 1-year USDJPY calls (or EURUSD puts) when carry is high?
My (admittedly straightforward) analysis points to: Yes.
Is there a free lunch in 1-year USDJPY calls (or EURUSD puts) when carry is high?
My (admittedly straightforward) analysis points to: Yes.
A look at the macro similarities between 2000 and 2021 and what that might mean for the dollar. And stocks.
A look at the macro similarities between 2000 and 2021 and what that might mean for the dollar. And stocks.
Today I talk about why it’s not too late to get long EURCHF.
Long EURCHF here with a stop at 0.9714, targeting 0.9944.
Today I talk about why it’s not too late to get long EURCHF.
Long EURCHF here with a stop at 0.9714, targeting 0.9944.
A few guys I would consider smart money have been reducing or exiting euro shorts. Risk/reward on short euros looks a bit suspect into ECB as we witness another one of those climactic spikes in EU energy prices.
A few guys I would consider smart money have been reducing or exiting euro shorts. Risk/reward on short euros looks a bit suspect into ECB as we witness another one of those climactic spikes in EU energy prices.
• The S&P short trade initiated at 4272 hit the 4010 take profit overnight.
• This bear market rally that peaked at 4327 is remarkably similar to the bear market rallies in ’01 and ’08.
• EU intervention on power prices is something to watch, but hard to interpret without more detail.
• EURUSD downside opens up after 10am tomorrow.
• The S&P short trade initiated at 4272 hit the 4010 take profit overnight.
• This bear market rally that peaked at 4327 is remarkably similar to the bear market rallies in ’01 and ’08.
• EU intervention on power prices is something to watch, but hard to interpret without more detail.
• EURUSD downside opens up after 10am tomorrow.
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