Adjusted for volatility, the rise in CNY-USD over the past month has been among the largest moves in global financial markets. While some of this can be attributed to a decline in the US dollar, the RMB is also up meaningfully…
Despite a quick recovery in global industrial activity, EM equities, which normally thrive on rapid global growth, have been incapable of outperforming their DM counterparts. This underperformance reflects two factors. The…
According to BCA Research's Foreign Exchange Strategy & Global Investment Strategy services, the US dollar reserve currency status is not in imminent danger. The US dollar’s share of global central bank reserves…
Chart Of The WeekInvestor Consensus Is Bearish On Dollar Today we are releasing another issue from our series Charts That Matter. Going forward, this publication will become a regular monthly deliverable to our clients.…
Since May 27, the onshore CNY has appreciated more than 7% against the USD and it trades at levels last seen in April 2019, just prior to the imposition of additional tariffs by the Trump administration on US$250 billion of…
BCA Research's Foreign Exchange Strategy service expects the loonie to touch 80-82 cents but underperform the Australian dollar, Swedish krona, and Norwegian krone. Go short CAD/NOK for a trade. The key reason for the…
Highlights Currency markets remain vulnerable to the upcoming US election, Brexit, and a resurgence of Covid-19 infections. Meanwhile, President’s Trump suggested “piecemeal” fiscal deal increases the odds of a…
The UK’s RICS House Price Balance indicator surged to 61% in September, handily beating expectations of a decline to 40% from 44%. A strong RICS argues in favor of an acceleration in UK house price gains, which creates a…
Highlights Long-term investors who can tolerate volatility should buy SEK/USD for a potential 20 percent upside. Short-term investors who cannot tolerate volatility should buy CHF/USD. The dollar’s short-term moves are a…