Positioning Watch – Time to get out of the cyclical trade?
Hello everyone, and welcome back to our weekly positioning watch! The weather in Copenhagen is sunny, and so is the mood in markets, with...
280 Views
A Dicey Short-Term FX Trade
Will this currency finally outperform after the latest monetary policy decisions? This is a short motivation for what will likely be a short-term...
178 Views
Japanese Banks Improved on Rate Hike Bets, Although True Impact Yet to Materialize
For the first time since 2016, the Bank of Japan has decided to raise interest rates, becoming the last country in the world to end its loose...
269 Views
Steno Signals #92 – The head fake reflation?
It is always lovely to get back on the road and meet a load of fund managers, and it is nice to see that a few reflation skepticals are still found...
265 Views
FX Daily - USD Mixed as CHF Slides on Surprise SNB Rate Cut
The policy statement was all but unchanged and the dots continued to reflect a median expectation that rates would drop 75bps this year.
363 Views