25 April 2021
Posted in
sentix Weekly
New 26-week lows in the bias
The high long positioning in the euro/US dollar is still weighing on the exchange rate despite the reduction. The recent recovery of the European currency has not led to a lasting change in the bias. A strengthening of the US dollar should be the logical consequence. In addition, investors' basic strategic conviction about equities has also deteriorated further. The willingness to take profits is clearly increasing.
Further results:
- Bonds: Price weakness indicated for BTPs
- Gold: It looks quite good
- sentix investor positioning in equities and bonds
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