How To Take Advantage Of Fed’s Unwinding

How To Take Advantage Of Fed’s Unwinding

 Fed’s balance sheet unwinding could drive equities lower, sell USD/JPY? Shrinking the balance sheet is likely to reverse the portfolio rebalancing effects of QE, which may spur demand for safe haven assets Dollar stayed firm near the seven-week high versus yen...
ECB May Jam The Brakes This Week

ECB May Jam The Brakes This Week

 Draghi may lower expectation on policy tightening, sell EUR/USD? Dollar strengthened after weak NPF, as news reported ECB may delay QE tapering plan US dollar surprisingly edged higher against a basket of currencies, especially euro, after disappointing US jobs...
Euro Rallies To 31-Month High

Euro Rallies To 31-Month High

 Draghi may announce QE tapering within the next two months, buy EUR/USD? Draghi said global recovery is firming up, suggesting he is comfortable with less accommodative policy The euro rallied to its highest level in more than two years against the dollar after...
What You Should Be Watching For In Jackson Hole Meeting This Week

What You Should Be Watching For In Jackson Hole Meeting This Week

 ECB to tighten policy remains the main theme for second half of 2017, long EUR/USD? Investors will still pay attention to Draghi’s words in Jackson Hole despite no fresh policy to be expected Federal Reserve’s annual symposium in Jackson Hole, Wyoming, every...
Warning: Do Not Tighten Policy Too Quickly

Warning: Do Not Tighten Policy Too Quickly

 What if markets are over-confident on ECB to tighten, sell EUR/USD? Global inflation set for decelerating in second half of the year, which would induce more central banks to prefer a lower FX rate US CPI growth in July increased 0.1% m/m, making a 1.7% y/y...