Shares 120 Views

Dollar longs being cut back – Societe General

Kit Juckles at Societe General provides brief insights on the USD dynamics going forward.

Key Quotes:

“December’s cyclical trade-weighted dollar peak wasn’t accompanied by a new record long in speculative dollar positions (that came back in August 2015).”

“The long dollar position has been falling for the last couple of weeks, quite sharply in the last week, and this mirrors market talk. Dollar bulls are bailing out almost as fast as bond bears.”
 

You may be interested

Bitcoin
shares19 views

JPMorgan Chase Scores Another Bitcoin Technology Patent

Brian Evans - Jul 22, 2018

Banks have shown a keen interest in Bitcoin technology over the years. Various patents have been filed by these financial institutions to explore new potential business use…

Bitcoin
shares21 views

Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500

Brian Evans - Jul 22, 2018

Crypto markets seeing mostly green today, with total market cap up over 2% and Bitcoin pushing $7,500

Bitcoin Progress
shares26 views

Bitcoin Makes Major Headway: CFA Exam Will Now Include Crypto Topics

Brian Evans - Jul 22, 2018

Cryptocurrencies and blockchain technologies are making serious headway in the financial industry, the most recent sign being the decision by the CFA Institute, which offers the Chartered…

Most from this category

shares26 views
shares26 views
%d bloggers like this: