Forex Forecast

Eurozone improvement is an opportunity and a threat As periphery yields continue to decline, Eurozone-exposed economies such as the Nordics and

Although the euro failed to start 2014 on a strong note, it was a different story forperiphery bonds. As of the European close on Friday January 3rd, the spread betweenthe 10-year papers of Spain and

Fed Lessons for BoE Friday’s UK GDP release might not have the same impact as other activity data but at the very least,

Shifting the Guidance Burden The Fed has spoken – taper and begin advancing the policy debate away from QE.

Corporate Japan Emboldened Two days ago we reported that portfolio investment abroad by Japanese investors is running well behind schedule this fiscal year.

Stagnation Already Secular? As we head into this year’s final FOMC, we should not forget that the Fed’s forward guidance,

Yen-Based Investors Mobilising Japanese investors were net buyers of foreign bonds for the ninth consecutive week in early December.

Tighten Now to Ease Later? Even with the December FOMC barely a week away and residual support out there for easing,

RBNZ Ready To Go It Alone The New Zealand dollar rallied sharply overnight after the RBNZ showed every intention of delivering rate hikes next year,

US Fiscal Deal Reached Congressional negotiators reached agreement overnight on a new package of fiscal measures designed to reduce the severity of forthcoming automatic spending cuts.