Category: FX
Spare A Thought For The Bank Of Japan On Friday
Haruhiko Kuroda has a yen problem and it just got materially worse.
For Some Foreign Investors, US Debt Is Terribly Unattractive Despite Negative Yields At Home
Can you bear the hedging cost?
No-Deal Brexit Becomes Base Case For One Bank, Prompting Change To Fed Cut Call
We’re gonna need more “insurance”.
Stocks Rise In New Week, But Surging Dollar Could Become Problematic
The combination of relatively tight Fed policy and a resilient dollar acts as a boa constrictor.
Turkey Ties Bank Reserve Requirements To Loan Growth, Lira Sinks
This is expected to release nearly $3 billion in liquidity to the market, according to a statement.
‘There’s A Problem Here That Smacks Of Inevitability’: Recession Or No, The Fed Has To Cut Rates Aggressively
If you’re looking for reasons why the market is pricing a full-on easing cycle from the Fed, try this lens.
Kuroda’s Yen Problem Isn’t Going Away No Matter What The Fed Does, Goldman Says
Japan’s is not an enviable position.
Goldman Knows Just What’s Needed To Pull The Rug Out For ‘King Dollar’
So, it falls to the Fed to fight a currency war via competitive easing.
US, China Engineer Massive Yuan Rally, Stock Surge, But Fed Outlook Still Cloudy
The cross-asset reaction to the latest tariff news was quite dramatic.
In Argentina: Total Meltdown
“All the pollsters have failed”.
Tail Risks, FX Vol. And Tangled Christmas Lights
But here’s the paradox…
Why China Has Actually Been Trump’s Best Friend In Guarding Against Yuan Depreciation
“…it is not clear to us that the labeling-exercise is consistent with the administration’s own craving for CNY strength”.
Former Chinese Central Bankers Say Currency War Risks Rising, Official Warns Of ‘More Measures’
Meanwhile, the People’s Daily is on offense.