1. Time for a Dollar pause
2. Short squeeze stretched?
3. Risk-reward shifts back to a steeper US yield curve
Heading 1
Heading 2
Heading 3
Heading 4
Heading 5
Heading 6
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
Block quote
Ordered list
- Item 1
- Item 2
- Item 3
Unordered list
- Item A
- Item B
- Item C
Bold text
Emphasis
Superscript
Subscript
1. Time for Dollar pause
Qi's snapshot of global FX shows the Dollar as rich versus a wide range of both DM & EM currencies.
But there are some interesting nuances:
· the Dollar is consistently rich versus its G7 peers with USDJPY the standout. Interesting in the context of a fractured Parliament which could curb Takaichi’s easy- policy plans, challenging the weak-Yen consensus.
· $-Asia is the main EM mover; $-LatAm typically sits near fair value.
· what commodity super cycle? Given the bull narrative around real resources, why aren't AUD, Kiwi, CAD doing better?
Read more by downloading the PDF below
Related Articles
1. Bullish Divergence Patterns in US Equities
2. XKL Bad News Is Getting Priced In
3. Looking to Fade the Yen? AUDJPY
1. Gold Miners: Macro Re-engagesValue
2. Rotation: Too Far, Too Fast?European
3. Credit: Value Building?
1. US Utilities Mean-Reversion
2. USDCAD The One Dollar Long
3. Stocks Over Bonds
1. Rich Insurance
2. A Cheap Fed Hedge
3. Copper Over Gold