MEX Group Morning Express

Focus of foreign exchange market

·      Trading preference – 本周相对较为看好澳/Beauty（AUDUSD）和看弱欧/Beauty（EURUSD）。上周五特朗普正式签署2万亿美元经济刺激法案，美元承压，欧元也因此受到提振。不过，考虑到欧元区疫情仍未出现明显好转，叠加，本周德国将公布失业人数，恐大幅下降，欧元恐将受到拖累。技术上，短期欧/美技术性修复接近尾声， upper1.1000将面临较大压力，可部分获利出局。

·      On the UK side,近期英国就疫情采取的封锁措施触发了英镑反弹，不过，投资者仍需留意脱欧进程、以及针对疫情而采取的经济计划，这也是影响英镑未来走势的几个要点。Technically,1.2400以上将面临较大压力。






·      In terms of commodity currency,随着全球经济刺激的扩大，市场情绪改善，澳元、纽元逐步反弹。但，随着全球新冠肺确诊人数超过70Ten thousand people,澳元、纽元的反弹力度也受到了一定限制。技术上，短期澳/beautiful0.6200、纽/beautiful0.6050将面临压力，不过，本周我们认为调整以后还有上升空间。





·      It is worth noting that the money market plays a crucial role in2019The year shows a stable and significant weekly momentum reversal effect,MEXThe momentum reversal quantization strategy has repeatedly set new highs as a resultInvestors2020You can continue to refer to our weekly suggested combination for the year.
·      In terms of safe haven currencies,上周五特朗普正式签署2万亿美元经济刺激法案，用于应对新冠肺炎疫情对美国经济的冲击。叠加初请失业金人数升至328.3万人，美元回落。本周重中之重就是本周五的美国非农就业数据。由于疫情的影响，目前市场普遍预期是美国非农就业人口将减少1010000 people.但考虑避险和对现金的急切需求，我们认为美元恐难有较大幅回落，DXY下方可关注98Support.


·      为应对新冠肺炎疫情对日本经济的冲击，日本政府28日宣布，将推出规模空前的经济刺激计划。另外，随着美元走弱，日元反弹，其实我们早有预期。因此，我们维持原来的预判，认为美/日短期将面临回调。









·      MEXQuantitative strategy year to date relative benchmarkS&P 500 Total Return IndexAnnualized alpha（α）For13%.The quantitative model adjusts positions weekly and places orders at the opening on Mondays and closes positions on Fridays, with each currency facing a standard hand,Suggest setting stop loss at0.3％. Without considering actual leverage,MEXThe quantitative strategy has significantly outperformed the target since the beginning of the year，The net value of the portfolio increased last week3.16%，This week's combination and as of Beijing time3month30day07:10The profit and loss are as follows, with a positive spread (storage fee).

direction	Currency pair	本周盈亏
long position	Australia/day(ADJPY)	0.20%
	plus/Rui(AUDCHF)	0.32%
	Australia/Rui(AUDCHF)	0.19%
short position	Pound/plus(GBPCAD)	-0.04%
	Europe/Australia(EURAUD)	0.18%
	Europe/plus(EURCAD)	0.28%