vitorias1968

vitorias1968

This was my previous chart, from Aug 19. Same call applies: long

vitorias1968

The GBPJPY pair measures the 'risk on'/'risk off' mode of the market. In turn, it is expected that in stress situations - crisis,conflicts and fear - people turn their risk on mode. In turn, they prefer to park their funds in safe assets like the dollar, gold, the USDJPY or the USDCHF. In times of crisis and conflict people increase their demand for the so-called...

vitorias1968

QE1: From Dec 2008-June 2010. DXY decreased by 8% Dec 2008 – Dec 2009 (when Bernanke fiirst announces that QE1 would end in June 2010): DXY decreased by 14% Jan 2010 – June 2010: DXY increased by 16% QE2: From Nov 2010 – June 2011. DXY (the USD) decreased (or depreciated) by 8% QE3: Sept 2012 – Dec 2013.DXY decreased by 1.77% Tapering: Jan 2014 – Oct 2014. DXY...

vitorias1968

There is a clear positive relationship between the USD (dollar) and US non-farm payroll. As displayed in the below chart we have the actual US payrolls from April 21 onwards and the forecasted/expected one. We observe that every time the released payroll number is greater than the expected one we have an increase in the DXY, meaning that the dollar is getting...