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⚖️🇺🇸U.S. 2-Year Yield Rises By Most Since Mid-July: Cable FX Macro
The U.S. 2-year yield is now up 11.3bs, the rise is the largest seen in three months, last at 5.212%. The 2s10s curve inversion had a...

Rosbel Durán
Oct 17, 2023


📝BoJ Inflation Forecast Review Not Enough For Policy Change: UBS Strategy
The Bank of Japan is said to be pencilling in higher inflation forecasts for this year and next. Citing unnamed sources, Bloomberg...

Rosbel Durán
Oct 17, 2023


📝Expect EUR/USD Parity By End Of Year: J.P. Morgan FX Strategy
Now lowering Q4 2023 EUR/USD forecast to 1.00 from 1.05 previously; expect rate at 1.03 for Q1 2024 Having reached our initial bearish...

Rosbel Durán
Oct 17, 2023


🇨🇳❗️Cable FX Macro Weekly Note: China Q3 GDP Growth
**As seen in Risk In The Week report 10/13/23, subscribe at cablefxm.co.uk/reports Second quarter GDP growth eased sharply as economic...

Rosbel Durán
Oct 17, 2023


🧮Sterling Net Long Trimmed, Remains Extended: Cable FX Macro
**As seen in IMM Positioning report 10/13/23, subscribe at cablefxm.co.uk/reports Using CFTC data, our positioning report shows hedge...

Rosbel Durán
Oct 17, 2023


📆Tuesday Session Docket: U.K. Employment, Canada Inflation, U.S. Retail Sales
**As seen in Eco/Speakers calendar 10/13/23, subscribe at cablefxm.co.uk/reports Exp = Bloomberg survey Economic calendar sees U.K....

Rosbel Durán
Oct 16, 2023


💵🔺Equal Weighted Dollar Extends to Best Levels Since November: Cable FX Macro
**As seen in Macro Walk report 10/13/23, subscribe at cablefxm.co.uk/reports The Equal Weighted Index section in our Macro Walk report...

Rosbel Durán
Oct 16, 2023


🇨🇦❗️Cable FX Macro Weekly Note: Canada September Consumer Prices
**As seen in Risk IN The Week report 10/13/23, subscribe at cablefxm.co.uk/reports Canada consumer prices rebounded to 4.0% Y/y in...

Rosbel Durán
Oct 16, 2023


🧮Leveraged Funds Dollar Net Long At Highest Since April: Cable FX Macro
**As seen in IMM Positioning report 10/13/23, subscribe at cablefxm.co.uk/reports CFTC data showed hedge funds increasing their net long...

Rosbel Durán
Oct 16, 2023


📝Model Shows Term Premium Has Room to Increase In Euro Area: Nordea
We have tried to model the reduction in the term premium in longer interest rates due to the ECB’s bond purchases with the help of a...

Rosbel Durán
Oct 16, 2023


💵🔺Dollar Reversed Losses Into End Of Week: Cable FX Macro
Our own measure of the dollar traded heavy from Monday open, risk assets extended higher from the prior week. The Treasury market was...

Rosbel Durán
Oct 16, 2023


📝 ❗️Cable FX Macro Weekly Note
**As seen in Risk In The Week report 10/13/23, subscribe at cablefxm.co.uk/reports Ahead: Inflation metrics from the U.K., Canada, Japan...

Rosbel Durán
Oct 15, 2023


📝Revising Our USD/CNY Target to 7.40 From 7.25: J.P. Morgan FX Strategy
The PBOC managed to keep USD/CNY stable before the Golden Week holidays, despite solid USD strength. To defend RMB against one-side...

Rosbel Durán
Oct 15, 2023


💶🔻 Premium to Hedge Against EUR/USD Decline Rises: Cable FX Macro
EUR/USD 1m risk reversals turned sharply lower on Friday, the tenor is now 14bps lower to 0.623, puts favored over calls. The reading...

Rosbel Durán
Oct 13, 2023


📝 We Now Expect BoJ to Adjust Policy In January: MUFG Strategy
We have moved up the expected timing of policy changes to January from April. That said, revising or dismantling YCC will come with its...

Rosbel Durán
Oct 13, 2023


ICYMI:🇺🇸❗️U.S. Sept. Consumer Prices Rise 3.7% Y/y; Est. 3.6%
**As seen in U.S. Inflation Dashboard, subscribe at cablefxm.co.uk/reports U.S. Sept. Headline CPI Rises 0.4% M/m U.S. Sept. Energy...

Rosbel Durán
Oct 12, 2023


🇸🇪❗️Cable FX Macro Weekly Note: Sweden September Consumer Prices
**As seen in Risk In The Week report 10/06/23, subscribe at cablefxm.co.uk/reports Sweden's CPIF metric slipped to 4.7%Y/y from the prior...

Rosbel Durán
Oct 12, 2023


⚖️❗️U.S. Treasuries Led Global Declines On Thursday: Cable FX Macro
The U.S. Treasury 10-year yield ranked top on a global rates cumulative movement measure. The panel shows Israel on top, but this was due...

Rosbel Durán
Oct 12, 2023


💵🔺Dollar Rebounds After Nearing October Lows: Cable FX Macro
The <.RDDXY> Cable FX Macro Dollar Index rises by 2.5 figures on Thursday session or 0.9%, the move is paring all of its weekly losses...

Rosbel Durán
Oct 12, 2023


⚖️🔺U.S. Breakevens Extend Higher On Thursday: Cable FX Macro
U.S. breakeven rates have seen a rebound for the last couple of sessions, the 2-year rate is now at 1.968% vs 1.840% on Friday close The...

Rosbel Durán
Oct 12, 2023
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