Gordon T Long Global Macro Research | Macro-Technical Analysis STRATEGIC INVESTMENT INSIGHTS CURRENCIES – EURUSD A STRONGER EURUSD HAS BEEN HELPING POWER PRECIOUS METALS As we outlined in this month’s UnderTheLens video we expect structural weakness in the US$ over the next 9-18 months based on relative strength in the Chinese Yuan, the EURO and […]
Gordon T Long Global Macro Research | Macro-Technical Analysis STRATEGIC INVESTMENT INSIGHTS HARD ASSETS ARE GOLD &SILVER PRICING IN A US$ DEVALUATION? It is our belief that Gold and Silver are now pricing in a decline in the US$ which will occur in Q4 2020. Gold is now trading independently of all other currencies, including the […]
SHADOW BANKING & ‘EURO PAIR’ STRAINS Today, we have excessive speculation in favor of the dollar and against everything else. The most destabilizing element for the dollar is the relationship between the dollar and the euro, and to a lesser extent the Japanese yen. This interest rate cum bond yield arbitrage is bound to prove […]
THE HEADLINE: EURUSD RISE MAY BE CAPPED BY CAUTIOUS ECB STATEMENT MATASII SII ANALYSIS: MARCH 17, 2018 – EURUSD IDEA: The weekly chart (left) shows an expanding wedge with the market nearing the wedge’s support. Horizontal blue dashed Fibonacci levels can also be seen to be respected, with the market consistently bouncing between them. Moving through or […]
THE HEADLINE: Foreign Capital Has Been Propping Up China’s Currency. Here’s What Happens When It Leaves. MATASII SII ANALYSIS: MARCH 13th, 2018 – USDCNY IDEA: In general, the drop we can see from the USDCNY since the start of 2017 has followed along with the fall off in the USD. Keeping an eye on the […]
THE HEADLINE: JAMES RICKARDS: Be Prepared for a Cheaper Dollar MATASII SII ANALYSIS: MATASII: USD IDEA – March 6th, 2018 The USD has now dropped to several long term support / resistances. The weekly (left) chart shows a potential count (black) for the drop since the start of 2017; and we are still looking […]
ALL EYES ON MAGICAL “7” LEVEL FOR USDCNY THE HEADLINE: CHINA’S HARD LANDING HAS ARRIVED! – POLITBURO PREPARES FOR 2019 CRISIS MATASII SII ANALYSIS: MARCH 13th, 2018 – USDCNY IDEA: In general, the drop we can see from the USDCNY since the start of 2017 has followed along with the fall off in the USD. […]
UNDERSTANDING THE 2017 US DOLLAR SWOON & RECENT 2018 LIFT EXPLAINING THE 2017 US$ SWOON — SOURCE: 05-12-18 Global Money Trends – “US$ Continues to Sag despite Outlook for 3 more Fed rate hikes” — Well into 2018, a few FX traders are still struggling to understand the underlying bearish trend of the US$. […]
THE US$ SHORT SQUEEZE MAY ONLY BE STARTING? What is driving what? Currently many feel a US$ shortage was responsible for pushing the LIBOR-OIS spread up, but it also understood that the US$ follows the LIBOR-OIS spread with an approximate 3 month delay. It would appear that “a little soon begets a lot”! This is […]
US STOCK & BONDS: THE JPYUSD IS RESTRICTING THE JAPANESE CARRY TRADE REMEMBERING THESE PREVIOUS POSTS AT MATASII DOLLAR SWAPS STATUS SHOWS WHAT IS GOING ON – EURODOLLAR CHANGE DUE TO JAPAN’S ABSENCE Inflation hysteria in some places hasn’t just faded, it has disappeared almost entirely. The old saying is that shooting stars burn out […]
