PrometheusCHT

PrometheusCHT

Loose fiscal policy and tightening monetary policy - as Soros discovered in the period between 1981-1984 - is the ideal attendant conditions to see a large currency strengthening.

PrometheusCHT

Fundamentally a worthy Oil proxy if one is bullish crude.

PrometheusCHT

As the geopolitical Venn diagram begins to heat up, with Erdogan arresting Kurdish politicians. A loss of confidence in the currency may follow. Further, Sterling is a worthy pair given it represents value on various measures.

PrometheusCHT

Probably good for a short term squeeze higher, though election risk makes me hold off on pressing the bet.

PrometheusCHT

I've said "long" here because I'm going to presume TV can't tell that it's the inverse when it comes to yield observations.

PrometheusCHT

Potential to reconverge with EEM which looks shaky!?!

PrometheusCHT

Worth a small long here to see if Copper will reconverge with other commodities and EEM.

PrometheusCHT

Decisive level to watch... Especially with the election less than a week away!

PrometheusCHT

... I have a bullish bias but couldn't ignore this.

PrometheusCHT

It looks rather bullish in the context of it's recent breakout.

PrometheusCHT

Annual yield on INR is roughly 6%, so, INR is attractive on a trade-weighted basis if one can time it well, especially given a low carry/vol ratio. Evidently, the weekly trendline is being tested providing a reasonable argument for entry.

PrometheusCHT

The euro is trading on a fairly obvious support line, I anticipate a sharp move down if the 10 handle goes.

PrometheusCHT

Gold is sitting right on its 200MA, for those who are short its a reasonable, if not logical level to take profit; or at the least implement a trailing stop.

PrometheusCHT

How much Putin's cronies steal from Gazprom each year we'll never know... but what we do know is the value proposition is attractive. Treating like a cheap call option.

PrometheusCHT

The trend-line since 2012 is breaching...

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EM currencies have mostly recovered from their Balance of Payments crisis... As evidenced by their potential breakouts against the dollar; concurrent to broader USD strength!

PrometheusCHT

... Which bodes well for RUB & NOK.

PrometheusCHT

MXN seems to have gone too far, owning MXNJPY into and beyond the US elections, should resolve in some fantastic total returns if the timing is right.