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Monthly archive August, 2016

What Could Make Us Sell GBP/USD Again? – Morgan Stanley

We have taken off all short GBP exposure* for now as the short positioning became extreme and the UK economic data have been surprising to the upside relative to the US. The BoE's easing policy was important for our bearish Read More →

Week Ahead USD And Fed Hikes: The Timing Vs The Grand Total – Credit Agricole

We break down the USD response function to Fed tightening into two components. The first is the expected total number of hikes in the coming years, approximated by the slope of the short-end of the US yield curve. The second Read More →