Forex Free Trading Tips
Yesterday, The USD retreated sharply after making new recent highs. There was not clear catalyst for the reversal, but we have been observing that USD long positioning has built up rather quickly, that Fed rate hike pricing was getting rather Read More →
Key Points
Last week we examined whether Sterling is cheap on a valuation basis, given recent sharp falls.
Our starting point was that standard valuation models – such as our own GSDEER – are not well suited to address this question. Read More →
Overall the mood was positive as the major US equity indices closed in positive territory yesterday and helped by corporate news. However a firmer USD a dip in oil prices as OPEC attempts to sort out production cuts, kept gains Read More →
Key Points
