Strategy Report

Dazed And Confused

01 Jul 2016

by Mathieu Savary, Chief Strategist, Developed Markets ex US & Head of Research Innovation

Global uncertainty is elevated, but markets know this. Brexit could prove extremely negative for the global economy if it prompts a questioning of the EU's integrity. The cyclical outlook for the pound remains poor, but a short-term opportunity to buy GBP/JPY has emerged. We still like the SEK and commodity currencies. The SNB will continue to intervene, but the peg is increasingly dangerous.

Interested in reading this report?

To access the full BCA Research report, request a complimentary copy

BCA Research | Foreign Exchange Strategy

Helping guide portfolio managers, CIOs, and traders with actionable overlay strategies and profitable trading ideas. A bonus is insights for other asset classes, from a currency perspective.