Yesterday the AUD employment datas were mixed with better employment change but worse unemployment rate.
In London session, the SNB has kept the rate unchanged as expected and moving toward NY session, the BOE also kept the rate unchanged.
The retail sales from UK was in line and the USD CPI datas were also in line.
CAD manufacturing datas was a large miss today.
Sentimentally, the market is still digesting the FED rate hike with USD continues to be strong against all currencies. WTI had a small rebound today and still closed above $50, while equity markets were once again green, unaffected by the rate hike.
The market is still the same with strong dollar after FED rate hike and AUD & NZD come in at second place. Weak currencies are still EURO, JPY & CHF.
GBP was largely sold off against USD but doing ok versus other currencies. CAD also lost ground against USD and still go around with the oil market.
Our current views are still the same in buying USD, AUD & NZD and selling EUR, CHF & JPY.
The problem is that most pairs are at a very high spot now and need some retracement before we can get in.
LONG
USD/JPY
USD/CHF
AUD/JPY
AUD/CHF
NZD/JPY
NZD/CHF
CAD/JPY
CAD/CHF
GBP/JPY
GBP/CHF
SHORT
EUR/USD
EUR/AUD
EUR/NZD
EUR/CAD
EUR/GBP
Yesterday the AUD employment datas were mixed with better employment change but worse unemployment rate.
In London session, the SNB has kept the rate unchanged as expected and moving toward NY session, the BOE also kept the rate unchanged.
The retail sales from UK was in line and the USD CPI datas were also in line.
CAD manufacturing datas was a large miss today.
Sentimentally, the market is still digesting the FED rate hike with USD continues to be strong against all currencies. WTI had a small rebound today and still closed above $50, while equity markets were once again green, unaffected by the rate hike.
The market is still the same with strong dollar after FED rate hike and AUD & NZD come in at second place. Weak currencies are still EURO, JPY & CHF.
GBP was largely sold off against USD but doing ok versus other currencies. CAD also lost ground against USD and still go around with the oil market.
Our current views are still the same in buying USD, AUD & NZD and selling EUR, CHF & JPY.
The problem is that most pairs are at a very high spot now and need some retracement before we can get in.
LONG
USD/JPY
USD/CHF
AUD/JPY
AUD/CHF
NZD/JPY
NZD/CHF
CAD/JPY
CAD/CHF
GBP/JPY
GBP/CHF
SHORT
EUR/USD
EUR/AUD
EUR/NZD
EUR/CAD
EUR/GBP