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💱High Beta Currencies Rose On The Week: Cable FX Macro
Last week may have interrupted some people's day at the beach as the CBOE VIX Index rose to the highest level since the pandemic at...

Rosbel Durán
Aug 11, 2024


💱G10FX Carry Underperforms Developing Currencies: Cable FX Macro
There has been a lot of chatter on the Mexican peso carry unwind over the last couple of sessions, MXN weakness took the rate above 20.0...

Rosbel Durán
Aug 7, 2024


💶🔺EUR/USD Swap Differential Points to Move Higher: Cable FX Macro
Following the U.S. July labour report, the EU-US swap rate differential spiked to the highest level in more than a year to around...

Rosbel Durán
Aug 6, 2024


💹USD/JPY Forecasts Revised Lower: Cable FX Macro
The median 1Q25 USD/JPY projection sees the exchange rate trading at 150.0 with forecasts delivered as recent as today. Dollar-yen was...

Rosbel Durán
Aug 6, 2024


🏦🇺🇸Market Adds Fed Rate Cut Wagers: Cable FX Macro
SOFR calendar spreads show the market is pricing around 86bps of easing this year, in other words, traders now see three rate cuts on the...

Rosbel Durán
Aug 1, 2024


⚖️❗️U.S. 10-Year Yield Drops For Third Consecutive Month In July: Cable FX Macro
The benchmark U.S. Treasury 10-year yield recorded a third consecutive monthly drop in July, such a streak has not been seen since 2021...

Rosbel Durán
Aug 1, 2024


💹USD/JPY Extends Interest Rate Differential Catch Up: Cable FX Macro
The last coupe of sessions has been heavy for the dollar-yen cross, the BoJ hikes rates while the FOMC signals easing might be as soon as...

Rosbel Durán
Jul 31, 2024


⚠️💱Euro, Sterling Post Largest Sensibility Increase to Vol: Cable FX Macro
The G10 is holding to the same currency volatility profiles we have seen so far this year, with a few exceptions. EUR and GBP are...

Rosbel Durán
Jul 16, 2024


💱Rates Driving G10FX Performance In 2024: Cable FX Macro
Heading into the second half of the year, sterling leads the 2024 performance as it is the only currency in the group to post gains vs...

Rosbel Durán
Jul 16, 2024


⚖️🇺🇸Curve Steepener Retreats On Strong Treasury Bid: Cable FX Macro
2s30s curve uninverted on Monday session following the weekend developments, the curve has not seen longer-dated yields surpass the...

Rosbel Durán
Jul 16, 2024


🇫🇷Risks Remain On Poor French Fiscal Position: Cable FX Macro
Fiscal discipline comes to mind in a year of elections, spending is good for domestic growth as long as deficits are within the rule....

Rosbel Durán
Jul 16, 2024


🐍🦅Mexican Peso Tests Key Level: Cable FX Macro
Peso strength has sent the USD/MXN closer to mid-17.50, the rally derived from the election results risk premium had seen the spot shy of...

Rosbel Durán
Jul 11, 2024


🎈Inflation Surprise Falls to New Low: Cable FX Macro
**As seen in Online Tools> Inflation Dashboard, subscribe at cablefxm.co.uk/reports Headline U.S. prices posted a second consecutive...

Rosbel Durán
Jul 11, 2024


🇺🇸❗️Shelter Prices Eased to Lowest Since 2021: Cable FX Macro
**As seen in Online Tools> Inflation Dashboard, subscribe at cablefxm.co.uk/reports The June CPI report recorded lower contributions from...

Rosbel Durán
Jul 11, 2024


💵🔻Dollar Posts Worst Week Since May: Cable FX Macro
The dollar recorded the worst week since May after falling 1.0%. Our Cable FX Macro Dollar Index tracks the greenback across the G10 So...

Rosbel Durán
Jul 7, 2024


📝Canada Labour Market Performed Better Than Markets Understood: Scotiabank
This was a better report than markets understood. Jobs were flat (-1.4k m/m) with a 95% confidence interval of anywhere between about...

Rosbel Durán
Jul 7, 2024


📝 A French Hung Parliament Is Priced In: Barclays Strategy
Five main potential scenarios. 1) If the results of the first round confirm current polls, we would expect a fairly muted market reaction...

Rosbel Durán
Jul 7, 2024


RPT--🇺🇸❗️Cable FX Macro Weekly Note: U.S. May Core PCE Deflator
**As seen in Risk In The Week report 06/22/24, subscribe at cablefxm.co.uk/reports Looking into decimal numbers, the April U.S. core PCE...

Rosbel Durán
Jun 28, 2024


⚠️💱FX Volatility Bid Across The Board: Cable FX Macro
The last trading week of the quarter recorded front-end volatility higher across currencies. Political and economic risk events will open...

Rosbel Durán
Jun 28, 2024


💹Yen Downside May Be Seen As Speculative: Cable FX Macro
We have previously cited rate differentials pointing to higher dollar-yen, not today. The recent USD/JPY upside could be seen speculative...

Rosbel Durán
Jun 28, 2024
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