AUD/NZD Struggles; Has NZD Become Less Risk-Sensitive?
AUD/NZD has fallen back to 1.05 for the first time since July last year; do fundamentals justify this? Will it last? Below is our tour de force...
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Spreads, Basis, and the USD and AUD
What does the widening in USD and AUD LIBOR/OIS spreads and higher cross-currency swap basis mean for their exchange rates? Some have argued that...
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Does Anything in FX Make Sense Anymore?
Just when you think you have a bead on the likely direction in FX markets, you would be advised to sit, wait and consider taking the opposite...
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Week Ahead in Global Macro: US Tech and Trade Risks, China PMI, FTSE on Saudi, SARB, Good Friday
Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas: Short NKY and USD-JPY. Still short US tech...
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USD Shrugging-Off Political Risk, AUD Headwinds and EUR Cracks
The USD has managed to shake-off increased political risk, although this remains a threat. The prospect of a more upbeat FOMC may be supporting...
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