About meChief Currency Strategist At Bankpips Global
18 Years Experience
FX Desk - C&C Capital 2003-09
Mentor - ForexMentor.com 2009-13
Head of FX - Wealth Builder Hedge Fund 2009-12
Head Analyst / Trade Coach- Financial Source 2018
With global equities continuing to be supported by favorable liquidity conditions and little else, it was really just a matter of time before risk assets came under more pressure. The biggest red flag was flying in the bonds market, where global bonds have continued to rally sending yields sharply lower. Equities rallying strong along with bonds is not...
The weekly chart shows a very interesting inverted head & shoulders pattern following a significant AUD decline against the NZD after breaking, but failing to hold below the December 2005 lows. With the renewed dovish tone of the RBNZ after disappointing dairy prices, and even more disappointing consumer price figures, this looks to be a good opportunity for...