The USD bull trend is reversing. This is very much the early part of any reversal, but our 'rubber-band' view of major FX rates suggests that a bearish USD trend may build. A Y120 target seems reasonable, but long-term FX hands will remember that yen strengthening risk can build fast, back to Y100? Cable is looking very perky, $1.30 risk is high and the EUR/USD may be able to clear $1.10/$1.12 sooner than thought for $1.20 to follow.
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See AllOur round-up of what to expect in the coming week and the key events of last week. Our regular Spotlight feature looks at the upcoming BoJ meeting and the TOPIX. Our Review section looks at geopoliti
The USD is surging again as strong economic activity and hot inflation readings in the US shift rates higher. We look at the money market curves, central bank policies, and ponder whether the USD gain
Our round-up of what to expect in the coming week and the key events of last week. Our regular Spotlight feature looks at the FTSE 100 - low valuations argue for investor attention, as does the attra
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