
“Currencies are one of the largest asset classes and garner a lot of attention when they move. Some currencies are directly proportionate to some asset classes, such as Aussie Dollar to stocks, Canadian Dollar to commodities. Given this correlation, it makes sense to study them going into the next year, especially when we know there’s…

“Last when I spoke about currencies in December (Currencies have a message for the stocks!), I had said risk on is on the horizon and risk on is what we got. What next? So here we are, taking a fresh look at some key currencies from charting perspective, starting with the mighty dollar.”

When smallcaps don’t perform with largecaps and it keeps languishing for days/weeks on a trot.. that’s a sign to be careful about.

“Recessionary times are difficult to predict and wade through. Companies would be forced to keep prices low to stay afloat in low demand environment. While the end user would be happy to see lower prices, uncertainty about the jobs would keep them on tenterhooks to not loosen their purse strings. End result? Even lower prices.”
Thrilled to be back!
Russia Ukraine war – going on but markets won’t care less. European energy crisis – came and gone. UK pension crisis – fizzled away. The bad news ain’t worse news anymore! All that bad news that seemed end of the world for markets, didn’t result in what the bears would have otherwise wanted it to…
Is it THE pivot? Hell no and it better not be! Because what lies ahead would be far more worse!

Something is happening in the currencies, are you watching?

Have we been missing woods for the trees? FX market has been telling us something, did we listen?