Forex Forecast
UBS Morning Adviser
What Did Sterling React To? Governor Carney’s first inflation report left plenty for investors to digest, but perhaps the reaction in FX markets was the most perplexing for participants.
Any USD dip is likely to be temporary
Payrolls surprise stalls the USD rally…for now US payrolls have done it again, surprising the market in way that changes the pricing of volatility, this time downward.
UBS Morning Adviser
JPY: The ETF Dimension Since Bank of Japan Governor Kuroda unveiled his new QQE policy in April, FX investors have focused almost exclusively on the JGB-side of the program.
SEK – Range bound with medium-term upside potential
The krona temporarily recovered in July after its weak performance in June ahead of the Riksbank meeting in early July,
UBS Morning Adviser
Of Beats and Betas On Monday UBS Equity Research upgraded Europe (ex-UK) equities to neutral from underweight,
UBS Morning Adviser
NZD Hurt By Blue-Sky Event China has imposed an import ban on milk powder and whey protein produced by a major New Zealand exporter.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD momentum has reversed, pointing to a test of the 2013 low of 0.7684 this week.
Weekly Commentary
Fonterra product recall During the weekend, news of a Fonterra milk product recall affecting China and four other countries affected New Zealand markets.
UBS Morning Adviser
AUD: More Bad News Things are going from bad to worse for the Australian dollar.
UBS Morning Adviser
Rate Taming Still Needed Messrs Carney and Draghi’s hopes for a simple final meeting before the summer break may have been dashed by the FOMC’s latest assessments.
UBS Morning Adviser
HIA Hope (Yet Again) Tuesday’s late dollar rally during the London session served as a reminder of the power of the HIA II (Homeland Investment Act) story.
UBS Morning Adviser
The Franc’s Real Erosion This week’s KOF leading indicator will likely reinforce the relatively robust outlook on the Swiss economy.