Tag Archives: Commodity Currencies

Daily Market Intelligence 7/24/20

Daily Market Intelligence 7-24-20

Midday Missive

Midday Missive Judd, here is your Midday Missive.  One big defensive rotation. Names like PSA, MO. XLU & XLP have been bought against tech. Spu’s are being bought against Russell Silver & Gold rallied with the Bonds…I don’t believe in … Continue reading

USD/BRL ( Brazilian Real)…USD/CHF ( Swiss Franc)…USD/CAD ( Loonie)

177.70 ish USD/BRL should be a reasonable Risk On barometer. Under this USD/BRL level,  Risk assets will be in vogue. Over, ( trading towards 180) Risk assets will be less attractive. The Swiss Franc keeps attempting to come back to … Continue reading