Market Watch April 2017

Last month saw the US Dollar Index (DXY) breaking the psychological support of 100, breaking 200-day EMA momentarily and testing a low of 98.63, before trading above 100 again. We believe that the USD weakness is temporary, with a primary slight bullish trend. Our...

Market Watch 9 February 2017

With no clear direction for USD strength/weakness on Trump risk, we recommend trading on USD pairs with caution. Our team is short EURUSD on rallies. Caution advised due to potential dollar weakness.

Market Watch November 2016

Post-US elections, we have the Fed rate decision coming up. We recommend extreme caution on USD as index broke 100. Our team continues to trade within the range, while wary of potential breakouts in either sides. Risk management and minimising exposure remains a key...

Market Watch for September 2016

Our team remains cautious towards the end of the year 2016. Key events coming up include FOMC on 22 September 2016, with the Fed widely expected not to hike rates this time. We remain long term bullish on US dollar strength, but proceed with greater caution till end...