Continuum Economics
  • Search
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
  • Calendar
  • Forecasts
  • Events
  • Data
  • Newsletters
  • My Alerts
  • Community
  • Directory
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
    • All
    • Thematic
    • Tactical
    • Asia
    • EMEA
    • Americas
    • Newsletters
    • Freemium
    • Editor's Choice
    • Most Viewed
    • Most Shared
    • Most Liked
  • Calendar
    • Interactive
      • China
      • United States
      • Eurozone
      • United Kingdom
    • Month Ahead
    • Reviews
    • Previews
  • Forecasts
    • Forecasts
    • Key Views
  • Events
    • Media
    • Conference Calls
  • Data
    • Country Insights
    • Shadow Credit Ratings
    • Full CI Data Download
  • Newsletters
  • My Alerts
  • Community
    • FX
    • Fixed Income
    • Macro Strategy
    • Credit Markets
    • Equities
    • Commodities
    • Precious Metals
    • Renewables
  • Directory
  • My Account
  • Notifications Setup
  • Account Details
  • Recent Devices
  • Distribution Lists
  • Shared Free Trials
  • Saved Articles
  • Shared Alerts
  • My Posts
Published: 2024-01-03T20:29:11.000Z

Psychology for major markets 4 Jan

byAdrian Schmidt

Senior FX Strategist
-

USD, GBP and CHF outperforming.

EUR/USD – EUR/USD falling back as US yields rise, helped by softer equities. German CPI data likely to determine direction Thursday. 
USD/JPY – Rising US yields at the start of the year boosting USD/JPY, but gains starting to look a little excessive.
GBP/USD – GBP outperforming as UK yields rise strongly at the beginning of the year, but yield rises may be a little overdone unless data starts to show strength.
AUD/USD – Backing away from the 2023 highs near 0.69 as the USD makes a general recovery, but still well supported as long as risk sentiment holds up. 
USD/CHF – CHF showing remarkable strength early in the year, in spite of the SNB’s more dovish tone and the end of their FX reserve selling. But gains look overdone.
Equities - Cautious start to year as Fed easing speculation is reconsidered, though sharp declines look unlikely without major surprises from key data.  

Continue to read the article for free
Login

or

or

Topics
Foreign Exchange
Psycho

GENERAL

  • Home
  • About Us
  • Our Team
  • Careers

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Compliance
  • GDPR

GET IN TOUCH

  • Contact Us
Continuum Economics
The Technical Analyst Awards Winner 2021
The Technical Analyst Awards Finalist 2020
image