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📝 See Room For U.S.-EU Rate Spread Widening Further: Nordea
We recently listed reasons why the US economy is in a better shape compared to the Euro area, and we also think that the longer-term...

Rosbel Durán
Sep 28, 2023


📝 Expect RBA to Hold Rates Next Week: Westpac
It is unlikely that the August monthly Inflation Indicator is a game changer. Annual inflation lifted from 4.9% in the year to July to...

Rosbel Durán
Sep 28, 2023


🏦🇲🇽Cable FX Macro Weekly Note: Banxico September Rate Decision
**As seen in Risk In The Week report 09/22/23, subscribe at cablefxm.co.uk/reports Last month, Banco de Mexico held rates at 11.25% and...

Rosbel Durán
Sep 28, 2023


📆Thursday Session Docket: U.S. GDP Revision, Jobless Claims
**As seen in Eco/Speakers calendar 09/25/23, subscribe at cablefxm.co.uk/reports Exp = Bloomberg survey median Economic calendar sees...

Rosbel Durán
Sep 28, 2023


💶🔻EUR/USD Options Market Stands Most Bearish Since April: Cable FX Macro
Options market now stands the most bearish on the euro since April. EUR/USD 1m risk reversals favour puts by 50bps, this compares to...

Rosbel Durán
Sep 27, 2023


⚖️🔺 Post-FOMC Rates Underperformance Steepens Curve: Cable FX Macro
We're now one week from the September FOMC monetary policy meeting. The committee skipped a rate hike, while Powell held to its "higher...

Rosbel Durán
Sep 27, 2023


📝 Canada Home Supply May Have to Triple to Make It Affordable Again: BMO
The Canadian Mortgage and Housing Corporation (CMHC) recently updated its estimates of how much additional supply is ‘needed’ to bring...

Rosbel Durán
Sep 27, 2023


💵🔺 Dollar Extends Above Key Resistance Level: Cable FX Macro
Our own measure of the dollar vs G10 peers, the Cable FX Macro Dollar Index, is extending gains to mark fresh YTD highs. The dollar gauge...

Rosbel Durán
Sep 27, 2023


📊Volatility Factor Led Gains In August: Cable FX Macro
Our records show the volatility factor outperforming the rest of the models in August, this was in line with our expectations heading...

Rosbel Durán
Sep 27, 2023


📝U.S. 10-Year Yield At 5% Could Push EUR/USD to 1.02: ING FX Strategy
We simulated a scenario where the 10-year Treasuries hit 5.0%, based on the past year of EUR/USD coefficients. We estimate the pair would...

Rosbel Durán
Sep 27, 2023


🔻🔺 Dollar Posts Losses In EU, Reverses In N.A. Session: Cable FX Macro
Since the FOMC last week, we have seen a pattern in intraday dollar trading. Our measure of the dollar vs G10 peers, the Cable FX Macro...

Rosbel Durán
Sep 26, 2023


🇦🇺❗️Cable FX Macro Weekly Note: Australia CPI & Retail Sales
**As seen in Risk In The Week report 09/22/23, subscribe at cablefxm.co.uk/reports Retail sales rebounded in July as the metric printed...

Rosbel Durán
Sep 26, 2023


⚠️💱 High-Beta FX Chases Volatility Lower: Cable FX Macro
A measure of FX volatility constructed by J.P. Morgan extended downside last week, index closed Friday session 40bps lower from where it...

Rosbel Durán
Sep 26, 2023


📝 Momentum Signals Flagged Negative For GBP/USD After BoE: MUFG Strategy
This week our analysis answers the question, following central bank policy decisions, does price action across major currency pairs...

Rosbel Durán
Sep 26, 2023


💱🔺Franc Remains Most Overvalued REER Despite Last Week's Decline: Cable FX Macro
**As seen in Macro Walk report 09/22/23, subscribe at cablefxm.co.uk/reports The Swiss franc saw a sharp drop on Thursday as the SNB...

Rosbel Durán
Sep 26, 2023


🛢️💱 Commodity Currencies Turned Net Short: Cable FX Macro
**As seen in IMM Report 09/22/23, subscribe at cablefxm.co.uk/reports CFTC data showed hedge funds turning net short on commodity...

Rosbel Durán
Sep 25, 2023


⚠️💱 Gamma Declines But Premiums Remain Above Par: Cable FX Macro
**As seen in Macro Walk Report 09/22/23, subscribe at cablefxm.co.uk/reports Front-end volatility posted declines across the board, the...

Rosbel Durán
Sep 25, 2023


💵➖Choppy Dollar Trading On Heavy Central Bank Docket: Cable FX Macro
Our own measure of the dollar <.RDDXY> didn't gain much directional traction as we headed into the FOMC meeting. Heavy trading kicked in...

Rosbel Durán
Sep 25, 2023


🧮 Leveraged Funds' Broad Dollar Position Rises to Highest Since June: Cable FX Macro
**As seen in IMM Report 09/22/23, subscribe at cablefxm.co.uk/reports The broad dollar position held by leveraged funds rose on the week...

Rosbel Durán
Sep 25, 2023


🏦📊Market Trimmed BoE Hawkish Bets: Cable FX Macro
**As seen in Macro Walk report 09/22/23, subscribe at cablefxm.co.uk/reports Heading into the BoE September monetary policy meeting,...

Rosbel Durán
Sep 25, 2023
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