The DXY index has dropped from a high of 108.54 in July to 106.47 today and is churning around its 50-day moving average. As both bulls and bears battle the next move in the dollar, one currency that is likely to lag its G10…
The prices of many cryptocurrencies have staged a powerful rebound from their summer lows. Bitcoin bottomed at $19,239.47 on July 1st and has since been establishing a classic bull pattern of higher lows and higher highs. If…
Listen to a short summary of this report. Executive Summary Chart 1The Dollar Has Broken Below The First Line Of Support The softer CPI print in the US boosted growth plays and pushed the DXY index below…
Executive Summary Unit Labor Costs, Not Oil Prices, Are The Key To US Core Inflation Inflation is not about oil, food or used car prices. Looking at prices of individual components of a consumer basket is akin to missing…
BCA Research’s Foreign Exchange Strategy service is neutral on the dollar over the next three-to-six months. The drivers of dollar downside have been clear. First, long-term interest rates in the US have fallen…
Listen to a short summary of this report. Executive Summary The Euro And The Chinese Credit Impulse The US dollar has bounced off its 50-day moving average. In the recent past, that had led to a period…
Counterpoint’s August schedule: Next week, I am travelling to see clients in Australia, New Zealand, and Singapore, so we will send you a report on China’s 20th National Party Congress written by our Chief Geopolitical…
The Citigroup economic surprise indices for the US and the Euro Area are both deep in negative territory. Although the US index was first to cross below 0 in mid-May, the Eurozone measure turned negative towards the end of June…