Fundamentals Battle Positioning, Real Yields Support the USD
In the FX market, fundamentals are battling excessive positioning in several currencies, including the AUD and NZD where positioning data suggest...
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Rebounds in Asian Currencies and AUD May Be Short-Lived
Time to step back and take a breath in the FX market. It lacks conviction, is displaying inconsistent correlations and being whipped around by...
389 Views
Mounting Risks for Eurozone and China
Under-performing Eurozone corporate assets point to downside risk for the EUR, as does higher US real yields and higher US hedging costs. German...
376 Views
Week Ahead in Global Macro: China RRReopens, US Inflation - Post-Mortem on UST Sell-Off, Eye on JPY
Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas: The US Treasury curve can steepen a bit...
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Old Skool Moves in US Yields and Dollar
US yields shot higher Wednesday after 10-year yields rose above previous highs for the year. While rising US yields haven’t helped the USD all...
462 Views