Tag Archives: USD/BRL
FX Weekly – If not now, when?
* G10: Next week’s FOMC meeting should catalyze a breakout for G10 FX. We think this will be in favour of the dollar, given improving short term rate differentials and better data.
Stronger NOK & AUD and weaker JPY can’t be neglected
EUR/USD: The high end of “the Cloud” and the 21day “Base line” keeps capping. Over 1.3299 is needed to start seeing the Aug-Sep decline as either a more complex trend lower
The Global Macro Pulse
Overnight Price Action S&P futures are down slightly, the Nikkei is up 0.5%, the HSI has risen 0.2%, Kospi has rallied 1.4%,
The Global Macro Pulse
Overnight Price Action Concerns over geopolitical risk in Syria sparked a sharp sell-off in Asian equities. The Nikkei dropped 2.4%, the Philippines shed 5.4%, the Hang Seng and
The Global Macro Pulse
The G10 commodity bloc remained under pressure in Asian trading ahead of the FOMC minutes. AUD and NZD fell 0.6% to 0.903,
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.
Kings of the Market
The ‘kings of the market’ that we believe dominate current price action are the expansion of equity multiples coming from the repricing of (especially US)
LATAM Daily FX Update
Major events for the week ahead: • Monday 29: Peruvian bank holiday, Chinese LEI (Jul 27—31),
LATAM Daily FX Update
European equities traded with a positive tone overnight, as Chinese authorities indicated sub 7% growth will not be tolerated.
Fed tapering not on ‘preset course’
US: Fed Chairman Bernanke emphasised that the Fed’s QE programmes were ‘by no means on a preset course’,
FX Compass
While near-term risk is for a broad dip in the USD as Bernanke speaks later today, we feel that the next leg of the “normalization” of the AUD could start soon.
Weekly commentary on economic and financial market developments
Hot Summer For French Budget! Over the last 10 days, the downgrading of Italy’s sovereign credit rating from BBB+ to BBB and