Currencies In-Depth

In this report, we gauge the reasons behind the persistently weak Norwegian krone, despite what appears to be benign domestic economic conditions.

We review some of the key data releases this week that we find have an impact on our currency strategy. Long yen positions make sense today. Long sterling and the euro bets are more of a judgment call, and we will fade any strength in these currencies. This report delves into these nuances, and suggests a few trade ideas.

US dollar liquidity has been shrinking, which has important ramifications for global asset prices, including currencies. In this report, we delve into the process of dollar liquidity creation and the outlook for currencies over the next six-to-twelve months.

In this insight, we update our thinking on the recent BoJ move in terms of positioning for the yen and JGB yields.

A short insight on the ECB and near-term implications for European asset markets.

In this insight, we provide an update on the Canadian economy, given yesterday’s rate cut, and implications for Canadian assets.

In this Insight, we revisit our "higher for longer" theme for the Reserve Bank of New Zealand, in light of the latest central bank meeting. In conclusion, we are inching towards a more dovish RBNZ ahead. Ergo, we recommend some fixed income and currency trades.

In this insight, we calibrate our investment views based on the latest Bank of Canada decision.

In this Insight, we discuss our rationale for a short sterling position.

In this joint Foreign Exchange Strategy and Global Investment Strategy Special Report, we assess economic activity in Sweden, a highly cyclical and trade-oriented economy, and its implications for the global growth outlook.