Menu

How Long Must The Fed Be ‘On Ice’ Post-Brexit? – UBS

What should U.S. monetary policy be in the wake of the June 23rd British referendum in which a majority voted to have the UK leave the European Union? We believe that this development places the Fed on a more gradual Read More →

A Half-Justified Market Rally: Sell EUR & GBP Rallies – BofA Merrill

Following the sharp sell-off after the Brexit vote, markets have rallied this week. Equities, EM, EUR and GBP are up; vol, JPY and USD down.

In our view, the market rally reflects in part the realization that Brexit is Read More →

USDCHF – US Dollar Positioning For More Losses

Key Points

  • US Dollar after climbing as high as 0.9834 against the Swiss Franc found sellers and Read More →

Week Ahead: Taking A Break From Brexit: What Are The Trades?

Brexit should make the global outlook gloomier and we adjust our FX views accordingly. We slash our GBP forecasts, lower our projections for the European G10 currencies, maintain our bearish view on G10 commodity block and keep an overall constructive Read More →