Since December of last year, USD/HKD has been trading on the weaker side of its convertibility band, around 7.85. In fact, up until November of 2022, HKD weakness prompted the monetary authorities to heavily intervene in foreign…
In this week’s report, we speculate on the evolution of euro trading in light of the near-term hiccups, but tremendous value that can be unlocked for longer-term investors.
In this week’s report, we speculate on the evolution of euro trading in light of the near-term hiccups, but tremendous value that can be unlocked for longer-term investors.
China’s housing market adjustment will be protracted, causing several years of sub-par growth in the world’s second largest economy. We go through the major investment implications.
A lot of ink has been spilled of late on the Bank of Japan’s incoming governor and the impact this will have on the central’s bank Yield Curve Control (YCC) policy. Japanese inflation has been climbing steadily…
The Mexican peso is the only major currency that has appreciated against the US dollar since the greenback’s February 2 bottom. Notably, USD/MXN has lost 1% over this period, despite the broad trade weighted dollar’s…
In this Special Report, BCA’s Foreign Exchange Strategy and Global Fixed Income Strategy teams argue that as the lagged impact of higher interest rates hits the Canadian economy, what will initially appear as a potential hard landing…
Great Power Rivalry is taking another leg up as Russia and China further align their geopolitical interests. Investors should stay long USD-CNY, favor defensives over cyclicals, and markets like North America and DM Europe that have…