QCAM MONTHLY
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. Contact us – we look forward to showing you new perspectives.


08.05.2023 | Issue #91 | QCAM MONTHLY
QCAM MONTHLY covers all aspects of FX markets, research and strategies plus business topics and informs you about QCAM offers and services – all in concise and compact form. And free, of course.
«Debt-ceiling and beyond»
Currency markets have been relatively stable despite the emergence of several uncertainties and market jitters. Most likely, stress is not yet sufficiently high to move markets, which remain focused on central bank actions. This could change with the unfolding of the US debt-ceiling process. Beyond that, recession is becoming a…
Economy and Interest Rates
The period of positive growth forecast revisions is fading despite broadly stronger data for the first quarter. The recoveries of business sentiment and consumer confidence are also stalling. The banking problems are being contained but the fallout…
FX Markets
The USD range traded in April but not uniformly. EUR, CHF, GBP and SEK appreciated while JPY and commodity currencies depreciated. Among EM currencies, the BRL performed best and the BRL was the biggest loser. Overall speculative positions are…
FX Analytics
There have been several signal changes since the last Monthly which reduced on balance the overall short USD position. Notably, Business Sentiment went from short USD to neutral vs the EUR and the CHF,…
QCAM MONTHLY May 2023 >> Debt-ceiling and beyond
Currency markets have been relatively stable despite the emergence of several uncertainties and market jitters. Most likely, stress is not yet sufficiently high to move markets, which remain focused on central bank actions. This could change with the unfolding of the US debt-ceiling process. Beyond that, recession is becoming a...
QCAM MONTHLY April 2023 >> Not yet a game changer
QCAM Monthly April 2023 QCAM Special Liquidity deserves [...]
QCAM MONTHLY March 2023 >> No 2022 déjà-vu
QCAM Monthly March 2023 QCAM Insight The USD [...]
QCAM MONTHLY February 2023 >> Don’t expect too much from China
QCAM Monthly February 2023 QCAM Insight The USD [...]
QCAM Monthly January 2022 >> Soft or Hard Landing?
QCAM Monthly January 2023 QCAM Insight The USD [...]
QCAM Monthly December 2022 >> 2023 sneak preview
QCAM Monthly December 2022 QCAM Insight: "2023 sneak [...]
News & Media
QCAM MONTHLY May 2023 >> Debt-ceiling and beyond
Currency markets have been relatively stable despite the emergence of several uncertainties and market jitters. Most likely, stress is not yet sufficiently high to move markets, which remain focused on central bank actions. This could change with the unfolding of the US debt-ceiling process. Beyond that, recession is becoming a...
«Currency Manager of the Year 2023» QCAM shortlisted by European Pension
QCAM has been shortlisted as Currency Manager of the Year 2023 at the European Pension Awards. We are proud of this international recognition!
QCAM MONTHLY April 2023 >> Not yet a game changer
QCAM Monthly April 2023 QCAM Special Liquidity deserves a new look given the recent rise in interest rates. [...]
QCAM MONTHLY March 2023 >> No 2022 déjà-vu
QCAM Monthly March 2023 QCAM Insight The USD staged a solid rebound in February on the back of [...]