Content
"Short Dollar" Is Now The World's Most Consensus Trade... So It's Time To Go Long
Article By:
Tyler Durden
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Monday, August 17, 2020 4:00 AM EDT
It's official: as of this past week, the number of futures contracts amid the speculator community that were net short the DXY (via other FX pairs) was tied for the highest on record going back to the late 1990s.
In this article: UDN
Gold Forecast: Optimistic But Take Caution
Article By:
Christopher Lewis
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Monday, August 17, 2020 3:55 AM EDT
Gold markets have gapped a little bit lower to kick off the trading session on Friday and then fell a bit from there as well.
In this article: GLD
FX Daily: Carry And Conviction
Article By:
ING Economics
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Monday, August 17, 2020 3:49 AM EDT
Higher-yielding currencies are starting to look more attractive, as speculators continue to bet on the dollar's decline.
USDCAD Daily Analysis – Monday, August 17
Article By:
ForexCycle
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Monday, August 17, 2020 3:46 AM EDT
USDCAD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3715.
The Best View Is Always From The Top Of The Mountain
Article By:
Paul Hodges
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Monday, August 17, 2020 3:29 AM EDT
US stock markets are riding high, with valuations in the 95th percentile since 1881. But the US economy is in trouble, with growth expected to be in the 4th percentile.
S&P Tran - Only Up From Here?
Article By:
Andre Gratian
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Monday, August 17, 2020 3:25 AM EDT
Over the short term, TRAN outpaced SPX during the previous week, correctly projecting higher prices ahead, but then settling down to a match last week. The market is now approaching a nest of cycle lows which should cause the market to correct.
V-Shape Recovery In S&P 500, Not In Economy – How Russell 2K Behaves Around 1600+ Probably More Important
Article By:
Paban Pandey
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Monday, August 17, 2020 2:57 AM EDT
Economic data are coming in mixed after recent lows. In the aggregate, there is no V as far as the economy is concerned. In contrast, the S&P 500 completed a perfect V, which came about over six months.
The Tragedy Of More Missed COVID-19 Opportunities
Article By:
Dr. Dan Steinbock
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Monday, August 17, 2020 2:27 AM EDT
According to a new report, US states are the most virus-affected relative to major economies. As COVID-19 has proceeded in two phases, containment failures in the West continue to fuel the pandemic and economic damage.
Hecla Mining: Skousen's Home Run In Silver
Article By:
MoneyShow.com
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Monday, August 17, 2020 1:51 AM EDT
Why are precious metals moving? It is not just nervousness about the pandemic, although that is clearly playing a part. Hecla Mining is a gold and silver hedge.
In this article: HL
Made In Hong Kong Label Will Vanish, New Tariffs Start
Article By:
Mish Shedlock
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Monday, August 17, 2020 1:01 AM EDT
The US government says Hong Kong goods for export to US must be relabelled ‘Made in China’.
Covid-19 Fatalities, Excess Fatalities And Likely Revisions
Article By:
Menzie Chinn
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Monday, August 17, 2020 12:00 AM EDT
Current forecast is for over 200,000 fatalities by September 19th, although with margin of error that number may have already been reached.
Economic Data Forecasts For The Weeks Of August 17 And 24
Article By:
Peter Morici
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Sunday, August 16, 2020 11:05 PM EDT
Here's what I expect from upcoming data releases, including Leading Economic Indicators, Case/Shiller and Q2 GDP.
Market Briefing For Monday, Aug. 17
Article By:
Gene Inger
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Sunday, August 16, 2020 10:19 PM EDT
Broad-based support has been absent from the market aside a basing structure that is trying to broaden-out participation in anticipation of bridging the gap toward actual (rather than pretend) recovery.
AUDUSD Weekly Analysis – Sunday, August 16
Article By:
ForexCycle
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Sunday, August 16, 2020 9:31 PM EDT
AUDUSD remains in the uptrend from 0.5507. A further rise would likely be seen after a minor consolidation, and the next target would be at around the 0.7500 area.
In this article: FXA