Submitted Apr 14, 2020|From insights.globalprime.com|1 comment

Equities keep roaring ahead, with the calls made to keep buying the S&P 500 on weakness coming to fruition. However, the tech-centric Nasdaq has been the superstar with an impressive 4%+ run. The USD vulnerabilities keep flaring up left and right as ...

Submitted Apr 13, 2020|From insights.globalprime.com|6 comments

It’s been a one-way street for the US Dollar since the technical inflection point back on April 7th. Clients following the daily video analysis I make available every day can attest the directional calls have been accurate and it does not look like ...

Submitted Apr 9, 2020|From insights.globalprime.com

We certainty had a high flurry of activity in the currency market, with weakness in the US Dollar at the epicenter of the wild moves as the Fed unleashed yet again another monster-size lending program. The immediate reaction by market forces was to ...

Submitted Apr 8, 2020|From insights.globalprime.com

The buy-side campaign in the US equity space continues to reverberate in the broader spectrum of FX via a weaker US Dollar across the board, even if this time a poorer performance was observed in the likes of the Euro, Swissy and Yen. In Europe, the ...

Submitted Apr 7, 2020|From insights.globalprime.com

There is no doubt that the flattening of the COVID-19 curve in many countries has been a trending narratives to explain the recovery in equities. This positive dynamics, in turn, have led to the broad-based depreciation of the USD as the relaxation ...

Submitted Apr 6, 2020|From insights.globalprime.com

It’s a big day for the optimistic-type, as equities in the US, represented through the S&P 500 as the bellwether, broke into higher territory, confirming the first breakout of daily structure to bullish since the whole COVID-19 saga started to ...

Submitted Apr 2, 2020|From insights.globalprime.com

It was all about the blockbuster move in Oil on Thursday, with the energy instrument right at the epicenter of the moves that unfolded in currencies, bonds, equities, credit and volatility (VIX, MOVE indices). The President tipped CNBC that he was ...

Submitted Apr 1, 2020|From insights.globalprime.com|1 comment

As risk-off returns wit a vengeance, the Japanese Yen and the US Dollar were the best performers in a day that saw US equities down to the tune of around 4% while bond yields also imploded. With the Western world, especially the US, in the eye of ...

Submitted Mar 31, 2020|From insights.globalprime.com

The outperformance of the Pound continues to standout in the forex market, with the Yen joining the party as we leave behind the month/quarter-end rebalancing flows. In contrast, the US Dollar still trades on a rather soft note despite the latest ...

Submitted Mar 30, 2020|From insights.globalprime.com

The ebbs and flows in the Forex market were rather subdued on Monday, with volatility measures dropping to the lowest in the last month as the progressive decrease in vol stays the course. Nonetheless, the new normal is for currency swings of a much ...

Submitted Mar 26, 2020|From globalprimefx.com

Equites keep roaring ahead for a third straight day as the US Senate approved (vote 96-0) the $2tn fiscal package, with President Trump to sign it off shortly. Wonder how much that really is? In our Discord room, our CEO Jeremy made the following ...

Submitted Mar 25, 2020|From globalprime.com.au

Risk continues to be buoyed as the market keeps pricing in what appears to be an imminent approval by the US Senate of a huge $2 trn covid-19 relief bill. The equities in the US, which acts as a barometer of risk, recorded back to back gains, even ...

Submitted Mar 23, 2020|From globalprimefx.com|1 comment

The Fed has gone all in with QE infinity and yet stocks, despite a short-term spell of strength, are largely unfazed, with the S&P 500 closing down near the 3% mark. In a world where demand and supply have been decimated amid the fastest descent ...

Submitted Mar 22, 2020|From globalprimefx.com|2 comments

The same old story of US equities hitting a limit down has rapidly eventuated at the open of markets in Asia. So far, the relative calm in the form of short-term equity rallies as seen in the early stages of last Friday has been deceptive and ...

Submitted Mar 19, 2020|From globalprime.com.au

Even if Central Banks kept rushing against the clock to implement further rate cuts, aggressive QE programs, and the re-activation of swap lines by the Fed, the ongoing US dollar scramble remains well and alive. Nothing that’s been done so far has ...

Submitted Mar 18, 2020|From globalprimefx.com|3 comments

As authorities around the world continue in an unprecedented race against the clock to resuscitate battered stock indices, and laboratories ramp up resources to come up with a vaccine unlikely to see the light for distribution this year, there is a ...