FOREX 4 minutes to read

GBP pounded as Brexit hits an impasse

John Hardy
Head of FX Strategy
Read More
    COMMODITIES

    WCU: Signs of life as USD weakens, trade tensions ease

    Ole Hansen
    Commodity prices shrugged off a large US tariffs deployment early this week to rise higher on a weaker USD and perceptions that Beijing is attempting to rein in the trade dispute with Washington.
    MORNING CALL

    Softer dollar boosts commodities, stocks

    Michael McKenna
    Today's edition of the Saxo Morning Call features Head of Commodities Strategy Ole Hansen and Head of Forex Strategy John Hardy discussing the continuing weakness of the US dollar as commodity prices recover ground and in the wake of key US equity indices hitting all-time highs Thursday.
    FOREX

    GBP pounded as Brexit hits an impasse

    John Hardy
    UK Prime Minister Theresa May's address this afternoon shows London and Brussels at an impasse, with sterling bearing the brunt of the bad news as traders whip the UK currency lower. We suspect the turbulence is far from over, as well.
    FOREX

    Yen on an explosive trajectory

    John Hardy
    The USD is weak and the Japanese yen is drastically weaker as rising bond yields are absorbed by the currency rather than JGB’s which can’t move if the BoJ is to make good on its policy. The situation is fraught with danger in both directions.
    TRADE VIEW

    Buy Lynas as rare earths are reborn

    Eleanor Creagh
    Australian rare earths producer Lynas is one of our high-conviction equity ideas over the coming years as RE demand enters a new and interesting phase in the new energy revolution.
    MACRO

    Credit Impulse Update: Italy

    Christopher Dembik
    Investors are perhaps overly concerned by the upcoming presentation of the Italian budget, but a look at our credit impulse indicator shows that the country still faces very real economic risks.
    FOREX

    Waiting for traders to kick USD over the edge

    John Hardy
    Not sure what currency traders are looking for, but USD sentiment looks ready to crumble as the market takes a strong liking to risky currencies and the USD is over the edge in some key USD pairs and dancing at the precipice in others, most notably EURUSD.
    CRYPTOCURRENCIES

    Crypto Update: ETFs on the horizon?

    Jacob Pouncey
    After the precipitous drop at the beginning of September, BTC is trading between the $6,100 and the $6,500 levels. Investors should expect an increase in price action as we move closer to the Bitcoin ETF decisions or delays near the end of the month.
    Load more
    Disclaimer

    The Saxo Bank Group entities each provide execution-only service and access to Analysis permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Saxo News & Research and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Saxo News & Research is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Saxo News & Research or as a result of the use of the Saxo News & Research. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. Saxo News & Research does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws.

    Please read our disclaimers:
    - Notification on Non-Independent Investment Research (https://www.home.saxo/legal/niird/notification)
    - Full disclaimer (https://www.home.saxo/legal/disclaimer/saxo-disclaimer)