Kurt Osterberg

Browsing All Posts By Kurt Osterberg

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USD/CAD Forecast July 10-14

The Canadian dollar recorded strong gains for a second straight week, as USD/CAD dropped 110 points. The pair closed at 1.2860, its lowest weekly close since June 2016. This week’s key event is t...
On July 9, 2017 / By Kurt Osterberg
Finance 0
Yuan Eyes On New Yuan Loans, Trade Prints

Fundamental Forecast for CNH: Neutral Mainland China Launches Bond Trading Link with Hong Kong Australian Dollar Gains Continue After Mixed China Caixin PMIs The Chinese Yuan retraced against the U.S...
On July 9, 2017 / By Kurt Osterberg
Finance 0
Gold Beleaguered, Silver Fat-Fingered

The good news is that Gold finally has departed its seemingly inescapable 1240-1280 box. The bad news is that such departure was beleagueredly to the south, price settling out the week yesterday...
On July 9, 2017 / By Kurt Osterberg
Finance 0
E EUR/USD Trade Setup

After a decent run upwards by the EUR/USD pair, the time has come for some retracement. A perfect trade setup has been built up. Hopefully, my followers will get benefit out of this trade. The charts ...
On July 9, 2017 / By Kurt Osterberg
Finance 0
Fed Warns “Valuation Pressures Have Increased Further” In Latest Monetary Policy Report

The Fed released its July Monetary Policy Report which forms the basis of Janet Yellen’s testimony to Congress next week, and while it does not traditionally discuss monetary policy, it does p...
On July 9, 2017 / By Kurt Osterberg
Finance 0
AUD/USD Forecast July 10-14

AUD/USD reversed directions last week and dropped 100 points. The pair closed at 0.7584. It’s a light week, with only three events on the calendar. Here is an outlook on the major market-movers ...
On July 9, 2017 / By Kurt Osterberg
Finance 0
‘The Real Fun Is Just Beginning’: Quants Stare Blankly At Worst Losses In 10 Years

It’s been a long time coming, but the week(s) of reckoning have finally come for CTAs and the risk parity crowd. Of course the “serious people” reading this will say the “day of reckoning” b...
On July 9, 2017 / By Kurt Osterberg
Finance 0
Oil ETFs: Short-Term Bane, Long-Term Boon

Relief in the oil patch seems far-fetched. As if brimming U.S. supplies were not enough, oil prices received another blow from Russia. As per an article published on Bloomberg, Russia will likely dis...
On July 9, 2017 / By Kurt Osterberg
Finance 0
Weighing The Week Ahead: A Seinfeld Market?

Trading desks will be closer to normal staffing. Chair Yellen’s biannual Congressional testimony will be a feature on Wednesday and Thursday, but the economic calendar is light. With little going on...
On July 9, 2017 / By Kurt Osterberg
Finance 0
E Market Briefing For Monday, July 10

No surge or purge worthy of drama finished this holiday-shortened week; but it was interesting in a few ways. First technically, as S&P remains above breakdown levels (barely approached twice in ...
On July 8, 2017 / By Kurt Osterberg