The dynamics of markets is a strong reminder to investors: FX also matters! As currency experts, we at QCAM are always close to the markets to analyse risks and opportunities and turn that into successful investment strategies.
Current account imbalances
FX markets were relatively stable over the last month despite increased uncertainties. In our view, the struggle for direction in FX is likely to
continue near-term. However, longer-term FX fundamentals are taking shape. Last month we discussed inflation dynamics. This time we take a closer look at current account balances. It is too early to …
Economy and Interest Rates
The spread of the Delta-variant and supply-side bottlenecks have resulted in economic data disappointments and higher inflation reports. In our view, these factors are temporary and unlikely to derail the global recovery….
FX markets traded in a range over the last month between global growth concerns and relief over the likely delay of Fed tapering. Notable was the intervention by the Swiss National Bank, which pushed EURCHF back to 1.09. EM currencies were mixed, but…
Going into more detail: Based on our proprietary analytical framework to take scalable exchange rate positions we are taking a close look on individual currency pairs.