Macro Monday (week 50): Finding pockets of opportunity in risky times
Global Macro Strategist
Summary: Join Saxo Global Macro Strategist, Kay Van-Petersen, as he identifies opportunities in a market marked by the upcoming Fed meeting, the ongoing US-China trade dispute, the fallout from the Huawei arrest and of, course, Brexit.
FX Chart Highlights: NZD weakness awaits confirmation, EURUSD dives
The kiwi is in a steep retreat here, awaiting the green light for further weakness from New Zealand CPI data later today. Elsewhere, the USD is generally bid and EURUSD has retreated intraday below the tactical 1.1000 pivot, possibly setting up further weakness on a weak close today.
Entering the Brexit tunnel
In this edition, we are looking at the political options for Brexit and their implications on the EURGBP cross.
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