Fixed Income and Currency Strategist

Gautam Jain, PhD, CFA

FX & Rates

This is the third edition of our monthly trade ideas recap note in which we list our current trade recommendations and discuss whether any need to be closed. We have made a total of 12 trade recommendations so far, of which 8 are in the money.

This is the third edition of our monthly trade ideas recap note in which we list our current trade recommendations and discuss whether any need to be closed. We have made a total of 12 trade recommendations so far, of which 8 are in the money.

Alpha Bites: Monthly Trade Ideas Recap (May 2021)

As the Canadian dollar (CAD) has rallied following the hawkish surprise from the Bank of Canada, we go over the drivers behind our trade recommendation to buy the Mexican peso vs CAD and recommend holding the trade.Separately, the attached file is a snapshot of EM currency market, which we produce daily, and where we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to the broad market.

As the Canadian dollar (CAD) has rallied following the hawkish surprise from the Bank of Canada, we go over the drivers behind our trade recommendation to buy the Mexican peso vs CAD and recommend holding the trade.Separately, the attached file is a snapshot of EM currency market, which we produce daily, and where we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to the broad market.

FX Dashboard: Update on Mexican Peso Vs Canadian Dollar Trade Recommendation

Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Founder & Chief Market Strategist - SAV Markets

Two weeks ago in a note titled <a href="https://www.smartkarma.com/insights/commodity-currencies-and-their-warnings" target="_blank" data-smartkarma-citation="insights:49691" rel="noopener">Commodity Currencies and Their Warnings</a> we examined their short term setups and potential declines (mainly against the USD)This was largely on the back of a slip in the Oil price and long term levels being tested on major commodity indices. A lot of the indications in that note are still valid.Since then, we see fresh indications that yields will likely slip too which brings some JPY crosses into focus. While there have not been any breaks as yet, key levels on AUDJPY and CADJPY should be watched closely.

Two weeks ago in a note titled Commodity Currencies and Their Warnings we examined their short term setups and potential declines (mainly against the USD)This was largely on the back of a slip in the Oil price and long term levels being tested on major commodity indices. A lot of the indications in that note are still valid.Since then, we see fresh indications that yields will likely slip too which brings some JPY crosses into focus. While there have not been any breaks as yet, key levels on AUDJPY and CADJPY should be watched closely.

In this note, we go over the factors driving the Israeli shekel currently and explain the reasoning behind our constructive view on the currency.The attached file is a snapshot of EM currency market, which we produce daily, and where we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to the broad market.

In this note, we go over the factors driving the Israeli shekel currently and explain the reasoning behind our constructive view on the currency.The attached file is a snapshot of EM currency market, which we produce daily, and where we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to the broad market.

FX Dashboard: Israeli Shekel Finally Starts Getting Cheaper

In this note, we discuss the rise in the volatility of EM currencies as the dollar's volatility picks up and what to expect ahead.The attached file is a snapshot of EM currency market, which we produce daily, and where we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to the broad market.

In this note, we discuss the rise in the volatility of EM currencies as the dollar's volatility picks up and what to expect ahead.The attached file is a snapshot of EM currency market, which we produce daily, and where we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to the broad market.

FX Dashboard: EM FX Volatility Rises from the Lows

Canada

The Canadian dollar is the official currency of Canada. 

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CAD (USDCAD CURNCY)

Alpha Bites: Monthly Trade Ideas Recap (May 2021)

In our monthly trade ideas recap note, we list our current recommendations and discuss whether any need to be closed. We have made a total of 12...

Gautam Jain, PhD, CFA

FX Dashboard: Update on Mexican Peso Vs Canadian Dollar Trade Recommendation

As the Canadian dollar (CAD) has rallied following the hawkish surprise from the BoC, we go over the drivers behind our trade recommendation to buy...

Gautam Jain, PhD, CFA

Commodity Currencies and the JPY

The three charts of US 10Y yield with USDJPY, AUDJPY and CADJPY are all giving early warning signs that lower levels could be seen. Watch these levels

Shyam Devani

FX Dashboard: Israeli Shekel Finally Starts Getting Cheaper

In this note, we go over the factors driving the Israeli shekel currently and explain the reasoning behind our constructive view on the currency.

Gautam Jain, PhD, CFA

FX Dashboard: EM FX Volatility Rises from the Lows

In this note, we discuss the rise in the volatility of EM currencies as the dollar's volatility picks up and what to expect ahead.

Gautam Jain, PhD, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)