Khadija





August 28, 2016

USDJPY

We expect further USDJPY strength and view the current setback as a buying opportunity. With the BoJ’s yield curve management and steepening of global yield curves, financial institutions’ profitability may improve over time, increasing their willingness to lend domestically and abroad which will Read More


August 28, 2016

USD/CAD

In the latest meeting, the BoC revised their inflation and growth forecasts down and changed their wording on inflation risks to be “roughly balanced”, which was less dovish than markets expected. However, Governor Poloz later said that the bank actively discussed the possibility Read More


August 28, 2016

EUR/USD

The latest ECB meeting did not reveal any new information and put all attention on the December meeting instead. EURUSD break below the Jun low of 1.0913 could open downside to the February/March low of around 1.0820. On the crosses, however, EUR is Read More


August 8, 2016

GBP/USD

We changed our forecasts to expect more GBP weakness in coming quarters and little recovery next year. However, we expect some short-term rebound due to the market’s large short positioning and signs of the government rethinking its hard stance on Brexit, including allowing Read More