The Swedish krona was among the weakest G10 currencies on Wednesday following the Riksbank meeting. Although the central bank kept the benchmark rate unchanged as expected, the post-meeting communication was on the dovish side.…
The Aussie dollar was among the worst performing G10 currencies on Tuesday on the back of a shift in tone in the Reserve Bank of Australia’s post-meeting statement. Specifically, the RBA replaced the hawkish bias that…
According to BCA Research’s Foreign Exchange Strategy service, Australia’s macroeconomic environment validates a long AUD position, especially at the crosses. The market expects that the RBA will cut interest rates…
In this Insight, we revisit our long AUD trades, after the upgrade from our attractiveness ranking last week.
After briefly weakening in January, AUD/CAD has once again been moving higher over the past few weeks. Indeed, BCA’s Intermediate Term Technical Indicator is back to neutral from overbought territory, paving the way for…
This week, we review our currency positions, based on the latest data from G10 economies.
This week’s report explores factors behind the recent rise in the dollar, and whether this could continue in the next month.
In this Strategy Insight, we assess the monetary policy path for Australia and Canada in 2024 and we discuss how to profit from a growing divergence between the two economies.