Highlights We agree with the market consensus that the long-term dollar outlook is bearish, but caution against chasing the dollar lower in the short term. While the election results remain uncertain, currency markets also continue to…
I will be co-hosting a webcast with our Chief Geopolitical Strategist, Matt Gertken, in which we will discuss arguably the two biggest topics of the moment. The US Election Result, And The Pandemic: What Happens Next? on Friday November 6…
Highlights Our base case of a Biden win with a GOP Senate may come to pass. But the US election is not over yet. Trump still has a chance of victory by winning Pennsylvania and one other state. If the vote count does not settle the…
Your feedback is important to us. Please take our client survey today. Highlights The long-term outlook for the dollar is bearish, but fresh shorts could be offside over the next one to three months. An uptick in US political…
According to BCA Research's Foreign Exchange Strategy service, the long-term outlook for the dollar is bearish, but the next one to three months do not offer an appropriate reward-to-risk ratio to deploy fresh shorts. An…
Your feedback is important to us. Please take our client survey today. Highlights Mounting populism has created a structural tailwind behind inflation. The risk that inflation accelerates quickly is greater than the market…
We highlighted in an Insight last week that the RMB’s rise versus the US dollar was partially due to the growth implications of China’s success at controlling the COVID-19 pandemic, but also reflected an interest rate…
The collapse in the Turkish lira once again accelerated. Some of the weakness reflects a potential Biden presidency, which would result in a marked deterioration of the relationship between the two countries. Moreover, the…
Your feedback is important to us. Please take our client survey today. Highlights The dollar remains at risk of a countertrend bounce in the near term. The DXY could rise to 94-96 before working off oversold conditions. Nonetheless,…