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...
355 Views
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...
266 Views
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...
314 Views
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...
223 Views
Cracks Widening in EUR’s Foundations
The EUR has struggled since the ECB meeting last week, despite a surprise removal of an easing bias. It has failed to benefit much from a fall in...
221 Views