USD: When To Expect The Next Wave Of Risk-Off Mode? – Nomura


Here is their view, courtesy of eFXdata:

Nomura Research discusses the equity sentiment and notes that a key reason why risk-off mode is not gaining traction is the historical pattern of ebbing and flowing in sentiment. Nomura expects the next wave of risk-off mode to start around September 2nd.

“Investor sentiment is also ebbing and flowing. If historical patterns in sentiment are anything to go by, we think sentiment is at risk of heading lower through around 2 September.

That said, our impression is that it is hard to get a good read on the direction of sentiment, as there seems to be just as little incoming negative news as positive news,”Nomura notes.

For lots more FX trades from major banks, sign up to eFXplus

By signing up for eFXplus via the link above, you are directly supporting Forex Crunch.

Get the 5 most predictable currency pairs

About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

Comments are closed.