- Analytics
- News and Tools
- Market News
- Expecting a broad USD rally over the next 4 to 6 weeks on a major positioning squeeze - TD
Expecting a broad USD rally over the next 4 to 6 weeks on a major positioning squeeze - TD
eFXdata reports that TD Research flags a scope for a broad USD rally in the near-term.
"The price action is quiet but major market themes remain intact. It's a tug of war of greater growth divergence and the global central bank liquidity trade. It's likely markets will continue to blend the two of them, especially as positive vaccine, mobility, and growth news would challenge existing policy measures."
"The process itself will trigger a shift in market positioning and valuations that reflect the old state, while what comes next is largely unknown. We believe that the USD short purge would reflect a state that matches US exceptionalism, where the broad USD rallies in the next four to six weeks... The winners and losers will reflect growth expectations, policy normalization, and other traditional drivers, offering up a mixed picture for the USD if we get the initial positioning squeeze."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
