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 […]
LIBOR-OIS RISE MAY PORTEND UNEXPECTED RISE IN US$ LIBOR tend to be a 3-month leading indicator to the dollar, which as Citi recently showed would mean a surge in the USD, sending shock-waves across global risk markets…
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 USD could offer some clues as to what to expect from the USDCNY. A low was reached in Feb 2018; the market bounced and has […]
Back in October 2017 we offered an idea for the USD, indicating the potential for a little more up and then another significant drop. This aligned with our potential Elliott Wave count of wave 4 completing and another drop, wave 5, to go. Here is the chart given at the time: USD next paths to […]
CURRENCIES EURUSD: NEW PAIN IN THE EURO MAY HAVE JUST BEEN LAUNCHED BY DRAGHI? — SOURCE : 10-27-17 ZeroHedge – “Why For Euro Bulls The Pain Is Only Just Starting” — Judging by the 200 pip tumble since the ECB’s meeting on Thursday, the EURUSD was at 1.1614 moments ago, the unexpectedly dovish taper clearly […]
