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💹🔻We Remain Short CHF Vs JPY On Rich Franc: J.P. Morgan FX Strategy
CHF has shown a lower sensitivity to US yields in the past year as poor global growth dynamics overshadowed the former channel, while JPY...

Rosbel Durán
Mar 4, 2023


🐍🦅MXN Rises Most Vs Colombian Peso, Yen Over Last Year: Cable FX Macro
The graph below shows Mexican peso relative strength vs a selected list of EM and G10 peers in % appreciation terms, 1-year history...

Rosbel Durán
Mar 3, 2023


📝Robust Svcs Demand to Keep Inflation Sticky: BMO
The U.S. ISM services PMI fell just a tick to 55.1 in February. That was better than expected and marks an expansion for the second...

Rosbel Durán
Mar 3, 2023


❗️EUR/USD Swap Spread Rises to Highest Since 2009: Cable FX Macro
EUR 5y5y inflation forwards are set to rise for another week, this has led the spread of inflation expectations between the eurozone and...

Rosbel Durán
Mar 3, 2023


📝 USD Weakens 70% Of Time As Global Growth Improves: J.P. Morgan FX Strategy
Historically, we have noted that an improving global growth regime is usually associated with USD weakening 70% of the times. Our...

Rosbel Durán
Mar 2, 2023


💱Kiwi, Yen Regress The Most Vs USD: Cable FX Macro
**As seen in Macro Walk report 02/24/23, cablefxm.co.uk/reports Our measures of FX spot relative to its respective 100DMAs show dollar...

Rosbel Durán
Mar 2, 2023


📝 Holding Overweight MXN On Robust Carry, Low Vol: J.P. Morgan Strategy
Mexican peso still offers one of the highest carry returns in the space and its volatility remains lower than most comparable EM...

Rosbel Durán
Mar 2, 2023


💵🔺Dollar Tracks Rates, Ignores Vol: Cable FX Macro
A Cable FX Macro Index that follows USD short-term rate spreads vs G10 peers has now risen to the highest in a month, meaning that USD...

Rosbel Durán
Mar 2, 2023


🇪🇺Cable FX Macro Weekly Note: EU Feb. Flash CPI
**As seen in Risk In The Week report 02/24/23, cablefxm.co.uk/reports We recently received the final numbers for January EU CPI figures....

Rosbel Durán
Mar 2, 2023


🐍🦅Mexican Peso Leads EMFX: Cable FX Macro
The Mexican peso is trading at fresh YTD highs to the dollar on Wednesday session, last at 18.1353, high at 18.0706, the rate is the...

Rosbel Durán
Mar 1, 2023


📝ECB to Continue Hiking On Lack Of Disinflationary Trend: ING
Looking ahead and beyond the statistical noise, the German and European inflation outlook is highly affected by two opposing drivers....

Rosbel Durán
Mar 1, 2023


🇺🇸Cable FX Macro Weekly Note: Feb. ISM PMI
*As seen In Risk In The Week report 02/24/23, cablefxm.co.uk/reports The January gauge of U.S. manufacturing sector fell to 47.4 from a...

Rosbel Durán
Mar 1, 2023


💵🔻Dollar Posts Worst Session Since Feb. 09: Cable FX Macro
The Cable FX Macro Dollar Index is set to post the worst session since February 09, down 0.69% on the day The kiwi leads the group as it...

Rosbel Durán
Mar 1, 2023


📆Coming Up In NA Session
**As seen in Eco/Speakers calendars 02/24/23, cablefxm.co.uk/reports Exp = Bloomberg survey median Economic calendar sees U.S. MBA...

Rosbel Durán
Mar 1, 2023


🇦🇺Cable FX Macro Weekly Note: Australia Q4 GDP
**As seen in Risk In The Week report 02/24/23, cablefxm.co.uk/reports The Australian economy expanded by 5.9% Y/y in Q3, this was faster...

Rosbel Durán
Feb 28, 2023


🏦📊USD Implied Rates Rise After U.S. Data: Cable FX Macro
Implied U.S. policy rate for 1-year ahead has now risen above 5.25%, last at 5.338%. This is an increase of 13bps, however, looking...

Rosbel Durán
Feb 24, 2023


💵🔺Dollar Index Close to Testing YTD Highs: Cable FX Macro
Our own measure of the dollar against G10 peers is set to deliver a second week of gains. So far this year, we have seen the dollar...

Rosbel Durán
Feb 24, 2023


📝Lifting Our RBA Terminal Cash Rate Forecast to 4.10%: Westpac
We have lifted our forecast terminal RBA cash rate from 3.85% to 4.1%. Since October, we have consistently held the view that the cash...

Rosbel Durán
Feb 24, 2023


📝 Saw Hedge Funds Reducing MXN Longs On Thursday: UBS Strategy
USDMXN found a bid on Thursday. The desk saw hedge funds likely reducing MXN longs. Stocks found a floor and when they turned bid, USDMXN...

Rosbel Durán
Feb 24, 2023


🏦📅Friday Session Central Bank Docket
**As seen in Speakers Calendar 02/18/23, cablefxm.co.uk/reports Central bank docket holds four Fed speakers, one BoE MPC

Rosbel Durán
Feb 24, 2023
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