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📝 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


💱📊G10FX Model Composite Extends Gains In June: Cable FX Macro
Noting a recent extension of gains in our G10FX model composite top rankings (short JPY / long GBP). We're a few sessions to end the...

Rosbel Durán
Jun 27, 2024


💹Front-End USD/JPY Riskies Turn Bullish For First Time Since 2022: Cable FX Macro
USD/JPY 1 week risk reversals breached above 0.0 on Thursday session, this has not been seen since 2022. Demand for protection in the...

Rosbel Durán
Jun 27, 2024


🏦🇲🇽Cable FX Macro Weekly Note: Banxico June Rate Decision
**As seen in Risk In The Week report 06/22/24, subscribe at cablefxm.co.uk/reports Back in May, Banco de Mexico (Banxico) left its policy...

Rosbel Durán
Jun 27, 2024


📝Revising Our BoJ Rate Hike Call to October: MUFG
We have revised our forecast for BoJ rate hikes. We had previously expected an increase in its uncollateralized overnight call rate...

Rosbel Durán
Jun 27, 2024


📝Banxico to Hold, May Ignore The Recent Peso Depreciation: Commerzbank
Given the new circumstances, Banxico is likely to remain on hold again. Before the turmoil, this would have been a different story;...

Rosbel Durán
Jun 27, 2024


🏦🇸🇪Cable FX Macro Weekly Note: Riksbank June Rate Decision
**As seen in Risk In The Week report 06/22/24, subscribe at cablefxm.co.uk/reports The Swedish central bank trimmed its policy rate by...

Rosbel Durán
Jun 26, 2024


📆Thursday Session Docket: Jobless Claims, Durable Goods, Riksbank
**As seen in Online Tools>Calenda, subscribe at cablefxm.co.uk/reports Economic calendar sees EU consumer confidence, U.S. durable goods...

Rosbel Durán
Jun 26, 2024


🏦🇦🇺RBA Has Room to Catch Up: Cable FX Macro
The Australian central bank started hiking rates in May 2022, the Cash Rate Target was lifted 425bps since then. Relatively speaking, the...

Rosbel Durán
Jun 25, 2024


🧮Leveraged Funds Cut MXN Longs At Fastest Pace Since March 2023: Cable FX Macro
The recent volatility in the Mexican peso is now being reflected in the leveraged fund community, positioning was reduced aggressively to...

Rosbel Durán
Jun 25, 2024


📆Wednesday Session Docket: Sweden PPI, U.S. New Home Sales, ECB Speakers
**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar is light. Sweden releases producer prices, U.S....

Rosbel Durán
Jun 25, 2024


❗️🇦🇺Cable FX Macro Weekly Note: Australia May Consumer Prices
**As seen in Risk In The Week report 06/22/24, subscribe at cablefxm.co.uk/reports The monthly inflation indicator saw an uptick in...

Rosbel Durán
Jun 25, 2024


🐍🦅 Mexican Peso Vol/Spot Correlation Remains Intact: Cable FX Macro
The USD/MXN volatility structure rises on Tuesday after the peso breached the 18.0 level to the downside, this was followed by MXN...

Rosbel Durán
Jun 25, 2024


💹USD/JPY Sees YTD High As Options Trim Downside Protection: Cable FX Macro
Dollar-yen is off session lows and eyes levels above 160.0, the YTD high stands at 160.17. Monday session saw the rate stabilize after...

Rosbel Durán
Jun 25, 2024


📝CPI Data Not A Game Changer For Banxico This Week: UBS Strategy
Mexico H1 Jun' CPI came in above consensus and closer to a UBS estimate of 0.24%. Mexico 12 month headline CPI edged up to 4.78%, while...

Rosbel Durán
Jun 25, 2024


📝See French Far-Right In Power As Base Case Scenario: ABN AMRO
The far-right gains a (relative) majority but most of its political program would not be possible to implement in those three years....

Rosbel Durán
Jun 25, 2024


🇨🇦❗️Cable FX Macro Weekly Note: Canada May Consumer Prices
**As seen in Risk In The Week report 06/22/24, subscribe at cablefxm.co.uk/reports Consumer prices eased to 2.7% Y/y in April, this was...

Rosbel Durán
Jun 24, 2024
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