QCAM Monthly September 2022

QCAM Insight: “The party is over”

Risk aversion has returned over the last two weeks as central banks reinforced their assurance to bring down inflation. The USD rallied in response. The outlook for FX markets depends much on how growth and inflation dynamics will play out in the second half of the year. The USD is likely to strengthen further if the US outperforms in terms of better growth and inflation news. The main risk for the USD is…

Economy and Interest Rates

Growth forecasts continue to move lower. The recovery momentum from the Corona pandemic is still strong but the pressure from inflation and rising interest rates is building. Inflation has probably peaked in the US but is…

FX Markets

The USD rebounded strongly in the second half of August on hawkish central bank comments and rising risk aversion. The JPY, the GBP and the SEK lost most ground, while the EUR…

FX Analytics

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.