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BTC and crypto keeping the wrong kind of company

Bitcoin and crypto is keeping the wrong kind of company. What do we mean?In the chart below, we have illustrated Bitcoin against ARKK.ARKK 2D compared with Bitcoin The failing ETF fund, is actually a leading, lower beta version of Bitcoin, for the data under review,...

Are cryptos to be shorted on rallies?

The ADP number is a sample of, and a proxy for, the Nonfarm payrolls number (NFP) that will be released on our Live Trading Day on Friday, and it came in below expectations. It is a sample of companies that use one of the biggest payroll payslip provider companies,...

Dollar to reassert its strength

It’s our expectation with a heavy US numbers day to come that Core Retail Sales will be firm and will continue to support the hawks on interest rate policies. We’ve already seen a UK number of 10.1% meaning the United Kingdom is on double-digit inflation...

Hong Kong Dollar peg to fail

The Hong Kong Dollar peg failure, is something in our view, that is going to come sooner than many people think, and there is a potential Asian FX crisis that may escalate from this.So far it’s only been the Japanese Yen that has moved substantially (23%) over...

Dollar dominance has not gone away

In a low Dollar and heavy Euro-based news environment for the week ahead, and a CPI called for on the British Pound on Wednesday, (see right, ForexFactory) it’s quite likely that the Dollar will rest and pause.We saw softening of the Dollar towards the end of...