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Category: FX

The World’s An Unfriendly Place When King Dollar Refuses To Roll Over

February 15, 2020February 16, 2020

“King dollar” can be a real pain sometimes.

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Emerging Market FX Looks Vulnerable As Commodity Plunge, Virus Worries, Idiosyncratic Risks Are Noxious Mix

February 7, 2020February 7, 2020

A helpful reminder at a delicate juncture.

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1 Comment on Emerging Market FX Looks Vulnerable As Commodity Plunge, Virus Worries, Idiosyncratic Risks Are Noxious Mix

‘Sooner The Better’: Central Banks Hand Out Antivirals In Southeast Asia

February 5, 2020

“Adjustments” are needed.

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Meanwhile, In Turkey…

February 3, 2020February 3, 2020

Inflation jump drives real rates further into negative territory, while Erdogan “neutralizes” nearly three-dozen of Assad’s troops.

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As Yuan Short Calls Grow, Will Coronavirus Infect US-China Trade Deal?

February 3, 2020February 3, 2020

The trade talks and the epidemic could soon become entangled, just as national security and trade became inextricably bound up last year. 

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Coronavirus Black Swan Infects China’s Yuan To Start Week

January 27, 2020January 27, 2020

“Risk aversion is contagious”.

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As Wuhan Virus Spreads, Will The Yuan Get Sick?

January 25, 2020January 25, 2020

Assuming at least some of us live to trade another day…

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‘People Are Cashing Out’: China’s Yuan Slides Most Since August, Shares Dive As Markets Get Mystery Virus

January 21, 2020January 21, 2020

Nothing like a pneumonia apocalypse to take some of the “hype” out of things.

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4 Comments on ‘People Are Cashing Out’: China’s Yuan Slides Most Since August, Shares Dive As Markets Get Mystery Virus

Eight Months After Bear Market, Erdogan Drives Real Rates Negative As Local Stocks Boom

January 16, 2020January 16, 2020

You can’t keep a “good” autocrat down.

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Disastrous Inflation Print Points To Imminent BOE Rate Cut

January 15, 2020January 15, 2020

“If we defer, then risks of a low inflation trap, which would certainly not be a benign outcome, would rise”

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Suddenly, China Isn’t A Currency Manipulator Anymore

January 13, 2020January 13, 2020

And therein lies the irony.

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‘Boris Bounce’ In Jeopardy As BOE Doves, Dour Data Trigger Pound Pain

January 13, 2020

Remember, the UK still needs to negotiate a post-divorce trade deal with the EU by the end of the year.

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Big Week Starts With Key Assets Looking To Retrace 2019’s Trade War Moves

January 13, 2020January 13, 2020

As Trump would say: “We’ll see what happens”.

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Iran’s Currency, Stocks Shudder After Soleimani Death

January 6, 2020

Who’s a buyer?

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Can China Keep Easing Without Irritating Donald Trump?

January 2, 2020January 2, 2020

Tug-of-wars are inherently unsustainable.

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2019’s Dominant Trends Reverse In Year-End Shuffle

December 31, 2019December 31, 2019

Don’t read too much into it.

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‘The World’s A Nicer Place When The Dollar’s On The Back Foot’

December 30, 2019December 30, 2019

A lack of news makes positioning-inspired dollar drop the story du jour.

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Yen, Pound See Wild Swings Amid Lack Of Adult Supervision

December 25, 2019December 25, 2019

“Nobody is trading now”.

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Carry On. There Are Stocks To Buy.

December 20, 2019December 20, 2019

Lacking impediments, global stocks summit ever higher peaks.

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So, The Pound Is Plunging. Turns Out A Crash-Out Brexit Is Still In Play

December 17, 2019

Just another day in geopolitical hell.

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‘Run-Bull, Run’

December 16, 2019December 17, 2019

“Our policy machinery is going full speed ahead”.

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Macro Clouds Lift As Brexit Path Clears, Trade Deal Coalesces, Lagarde Settles In

December 12, 2019December 14, 2019

The fog is lifting…

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Erdogan Gets Another Giant Rate Cut As Turkey Virtually Wipes Out Real Rate Buffer

December 12, 2019December 12, 2019

Unlike Donald Trump, when he “asks” for something from the central bank, he gets it.

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FX Trading Is ‘Increasingly Complex And Fragmented’, And Volatility Is Near Record Lows. What Could Go Wrong?

December 8, 2019

“The current market configuration has emerged largely during a prolonged period of low volatility”.

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‘Tariff Man’ Returns: Trump Risks Selloff With Attacks On Brazil, Argentina

December 2, 2019December 2, 2019

“Lower Rates & Loosen – Fed!”

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Goldman Sees ‘A Tale Of Two Dollars’ In 2020

November 24, 2019November 24, 2019

Elegance in simplicity.

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Of Kiwis And Protesters

November 13, 2019November 13, 2019

A “most critical juncture”.

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