It’s not the USD being bought, it’s all the rest being sold

It’s not the USD being bought, it’s all the rest being sold

The markets are complex and confusing these days And hard to have a longer term view. From a client, producer, investor perspective, if trade wars are causing a slowdown, the production and sales will suffer, hence the currency will suffer as there’s less profit...
One extreme to another: A price worth paying?

One extreme to another: A price worth paying?

Fixed Income Research & Macro Strategy (FIRMS) from Olivier Desbarres at 4X Global Research Developed and emerging market central banks have started to “normalise” monetary policy, albeit at a slow pace. However, they have been largely powerless to deal with the...
USDMXN makes another break lower

USDMXN makes another break lower

MXN is still feeling positive after the elections We look to have another short-term significant break lower in USDMXN. New Mexican president Obrador continues to make all the right noises on NAFTA negotiations with the US and had a good conversation with Trump...

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