CEO, ByteTree Asset Management

ByteTree Asset Management

Specialising in Bitcoin, Gold and Digital Assets

Investment Manager specialising in bitcoin, gold and digital assets

Cross Asset Strategy

<ul><li>Who’d have thought that the pound, universally ridiculed by the FT’ies (lefties who read the Financial Times), would be on the verge of a 6-year high? Only the Swiss Franc and the Singapore Dollar, both financial safe havens, are ahead of the pound over this post-Brexit period.</li><li>The pound has also been doing well against emerging market currencies, with just the Mexican Peso ahead.</li><li>With consistently high real interest rates (rates above inflation), the Mex has been a standout performer, even ahead of the Swiss Franc.</li></ul>

Who’d have thought that the pound, universally ridiculed by the FT’ies (lefties who read the Financial Times), would be on the verge of a 6-year high? Only the Swiss Franc and the Singapore Dollar, both financial safe havens, are ahead of the pound over this post-Brexit period.The pound has also been doing well against emerging market currencies, with just the Mexican Peso ahead.With consistently high real interest rates (rates above inflation), the Mex has been a standout performer, even ahead of the Swiss Franc.

The British Pound Flirts with a 6-Year High

Asia biased macro & technical analysis, Untying The Gordian Knot

Untying The Gordian Knot

Asia biased macro & technical analysis

A differentiated process with a primary focus on Asia. Technical Analysis as core and Macro drivers that could bring the view to fruition & changes that could make the idea fall apart. The objective is to be the best in class, hence corner shop.

FX & Rates

<ul><li>Friday's market close marked an impulse Dollar reversal pattern (we await confirmation) despite weaker NFP, lower wage growth, and inflation figures.</li><li>The DM currencies were the last to decline against the Dollar, led by Euro and GBP. USDJPY made a low on March 24 and has since made higher lows.</li><li>USDJPY made a low on March 24 and has since made higher lows. Despite the expectations, BoJ will ease the Yield Curve Control policy, leading to higher Yen rates and a stronger Yen.</li></ul>

Friday's market close marked an impulse Dollar reversal pattern (we await confirmation) despite weaker NFP, lower wage growth, and inflation figures.The DM currencies were the last to decline against the Dollar, led by Euro and GBP. USDJPY made a low on March 24 and has since made higher lows.USDJPY made a low on March 24 and has since made higher lows. Despite the expectations, BoJ will ease the Yield Curve Control policy, leading to higher Yen rates and a stronger Yen.

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<ul>
<li>USD pullback in Asia is expected to be limited but does show near term risk of a shakeout of crowded positioning (JPY and SGD bets). CAD is a conviction short.</li>
<li>USD/INR met the 77.80 target to lock in gains. USD/KRW is a top USD long near trendline at 1,265/70.</li>
<li>USD/CNH pullback support at 6.70. AUD short zone lifted on SPX and RSI alignment. SPX flat breakout points will drive the USD in coming sessions.</li>
</ul>


USD pullback in Asia is expected to be limited but does show near term risk of a shakeout of crowded positioning (JPY and SGD bets). CAD is a conviction short.
USD/INR met the 77.80 target to lock in gains. USD/KRW is a top USD long near trendline at 1,265/70.
USD/CNH pullback support at 6.70. AUD short zone lifted on SPX and RSI alignment. SPX flat breakout points will drive the USD in coming sessions.


Fixed Income and Currency Strategist

Gautam Jain, PhD, CFA

<ul>
<li>In my monthly recap note, I provide a performance update of my trade recommendations in emerging markets FX and rates.</li>
<li>Of the total of 35 trade recommendations made so far, I have recommended closing 25 of which 18 were in the money.</li>
<li>I also update my views on the open trade recommendations and go over the rationale behind those that I closed recently.</li>
</ul>


In my monthly recap note, I provide a performance update of my trade recommendations in emerging markets FX and rates.
Of the total of 35 trade recommendations made so far, I have recommended closing 25 of which 18 were in the money.
I also update my views on the open trade recommendations and go over the rationale behind those that I closed recently.


Alpha Bites: Performance Summary of Trade Recommendations in FX and Rates – March 2022

<ul>
<li>In an environment marked by uncertainty with regards to the dollar's next move, EM currencies have been stable and LatAm currencies have outperformed Asia and CEEMEA so far this year.</li>
<li>The strong start for LatAm currencies is partly to make up for their underperformance last year and partly supported by their high carry relative to other currencies.</li>
<li>If risk aversion remains low, this trend should persist but given the uncertainty, it is best to be selective and target relative-value trades to take advantage of differences across countries.</li>
</ul>


In an environment marked by uncertainty with regards to the dollar's next move, EM currencies have been stable and LatAm currencies have outperformed Asia and CEEMEA so far this year.
The strong start for LatAm currencies is partly to make up for their underperformance last year and partly supported by their high carry relative to other currencies.
If risk aversion remains low, this trend should persist but given the uncertainty, it is best to be selective and target relative-value trades to take advantage of differences across countries.


Will Latin American Currencies Continue to Outperform Against Asia and CEEMEA?

Singapore

The Singapore dollar is the official currency of the Republic of Singapore. 

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SGD (USDSGD CURNCY)

The British Pound Flirts with a 6-Year High

With consistently high real interest rates (rates above inflation), the Mex has been a standout performer, even ahead of the Swiss Franc.

ByteTree Asset Management

Things to Watch In Asia Pacific FX

Friday's market close marked an impulse Dollar reversal pattern (we await confirmation) despite weaker NFP, lower wage growth, and inflation figures.

Untying The Gordian Knot

Asian FX Action Levels

USD pullback in Asia is expected to be limited but does show near term risk of a shakeout of crowded positioning (JPY and SGD bets). CAD is a...

Thomas Schroeder

Alpha Bites: Performance Summary of Trade Recommendations in FX and Rates – March 2022

I provide a performance update of all my trade recommendations along with discussing the open trades. I have closed 25 of the 35 trades recommended...

Gautam Jain, PhD, CFA

Will Latin American Currencies Continue to Outperform Against Asia and CEEMEA?

If risk aversion remains low, LatAm currencies should continue to outperform but given the uncertainty, it is best to target relative-value trades...

Gautam Jain, PhD, CFA

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52-week Range

Market Cap (USDm)

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