Currencies
Listen to a short summary of this report Executive Summary GIS Projection For The EUR/USD
It’s Time To Buy The Euro…
In lieu of next week’s report, I will host the monthly Counterpoint Webcast on Thursday, September 22 (9:00 AM EDT, 2:00 PM BST). In this Webcast, I will discuss the near-term and longer-term prospects for all the major asset classes: stocks, bonds, sectors,…
Is The Tide Turning Against The Greenback…
A message for Foreign Exchange Strategy clients, There will be no report next week, as we take a summer break. We will be joining our clients and colleagues for our annual investment conference to be held in New York, on September 7 & 8. We will resume…
USD/JPY Breaches 140, Where To Next…
Listen to a short summary of this report Executive Summary On the eve of the pandemic, most developed economies were operating at close to full capacity – the aggregate supply curve, in other words, had become very steep (or inelastic…
Next week, on September 7-8, is the BCA New York Conference, the first in-person version since 2019. I look forward to seeing many of you there, and if you haven’t already booked your place, you still can! (a virtual version is also available). As such, the…
Executive Summary The US dollar has become expensive, but it is not unusual for currencies to overshoot or undershoot their fair value. Valuation is not an effective market timing tool. In the US, high interest rates and a strong exchange rate are needed…
Headwinds Are Gathering For The South African Rand…
Executive Summary Low-Yielding Countries Facing High USD Hedging Costs
Low-Yielding Countries Facing High USD Hedging Costs…