QCAM Special
«Dynamic Forward Hedging for Corporates» Managing FX exposure confronts corporates with challenges and opportunities. Starting from a general discussion of hedging strategies, this article focuses on QCAM’s Dynamic Forward Hedging approach, which offers corporates a flexible hedging strategy and opportunities to improve their overall financial performance…
QCAM Insight
«2024 sneak preview» 2023 has been a USD range market with notable cross currency dispersions. In our view, the market’s current bearish USD bias, which is based on hopes for a soft-landing and rapid Fed rate cuts in 2024, ignores the uncertainty that lies ahead. Instead, we expect a …
Economy and Interest Rates
Global growth conditions remain sluggish at year end with continued US outperformance versus the rest of the world, most notably Europe. The process of disinflation continues with the latest data surprising on the…
FX Markets
The USD DXY rally fell 2.9% in November with high beta (more leveraged) currencies outperforming. EM currencies did well too, up 1.9% on balance, with the BRL outperforming and the TKY actually weaker. Overall,…
FX Analytics
There have been few significant signal changes with the overall long USD position modestly. All discretionary Macro positions remained unchanged. Business Sentiment changed only for the SEK from short to long. Technical positions went neutral for…