As the US data flow eases and we head into the pre-FOMC meeting blackout period, the market will have the opportunity to reassess its long USD position and focus on events outside of North America. This is especially true as Read More →
We think FX investors should differentiate between the trend and the correction. The USD is within a secular uptrend driven by relative return differentials which themselves find their foundation in a global output gap differential.
Hence any USD Read More →