Fixed Income and Currency Strategist

Gautam Jain, PhD, CFA

FX & Rates

<p>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.</p><p>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.</p>

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

Smartkarma Research Team, Smartkarma

Smartkarma Research

Smartkarma Research Team

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

<p>For our next webinar, we're excited to host Insight Provider <a href="https://www.smartkarma.com/profiles/gautam-jain-phd-cfa" target="_blank" data-smartkarma-citation="accounts:16876" rel="noopener">Gautam Jain, PhD, CFA</a> , who will be going over the process with which he comes up with trade ideas in Emerging Markets FX and Rates. </p><div><h3>The webinar will be hosted on Wednesday, 28 April 2021, 11:00 SGT/HKT.</h3></div><div>
<div class="content-highlight"><h2><a href="https://share.hsforms.com/1H9pFZOB-RF2J00kbvMmxcw2c5gj?zoom_webinar_id=87206774217" target="_blank" rel="noopener">Register for the Webinar here</a></h2></div>
<div id="ember2586"><div><div>Gautam Jain has over 20 years of experience covering global emerging fixed income markets, both as a strategist and a portfolio manager. He has worked in buy-side and sell-side firms, including The Rohatyn Group (TRG Management), Barclays Capital, and Millennium Partners. He has helped manage emerging markets local-currency and hard-currency debt funds. The assets that he covers include currencies, interest rates, sovereign credits, and related derivatives. He specialises in portfolio construction, smart-beta index creation, and asset allocation. He holds a Ph.D. in Operations Research from Columbia University and is a CFA charter holder.</div></div></div>
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For our next webinar, we're excited to host Insight Provider Gautam Jain, PhD, CFA , who will be going over the process with which he comes up with trade ideas in Emerging Markets FX and Rates. The webinar will be hosted on Wednesday, 28 April 2021, 11:00 SGT/HKT.
Register for the Webinar here
Gautam Jain has over 20 years of experience covering global emerging fixed income markets, both as a strategist and a portfolio manager. He has worked in buy-side and sell-side firms, including The Rohatyn Group (TRG Management), Barclays Capital, and Millennium Partners. He has helped manage emerging markets local-currency and hard-currency debt funds. The assets that he covers include currencies, interest rates, sovereign credits, and related derivatives. He specialises in portfolio construction, smart-beta index creation, and asset allocation. He holds a Ph.D. in Operations Research from Columbia University and is a CFA charter holder.



Smartkarma Webinar | Alpha Bites: Trade Ideas in FX and Rates

<p>In this note, we discuss the implications for the Taiwan dollar of last week's release of a report by the US Treasury on foreign exchange policies of its major trading partners.</p><p>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.</p>

In this note, we discuss the implications for the Taiwan dollar of last week's release of a report by the US Treasury on foreign exchange policies of its major trading partners.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: US Treasury Holds Back Labeling Taiwan a Currency Manipulator

<p>In this note, we highlight the outperformers and underperformers among EM currencies as US long-end yields have come off from their peak at the end of last month.</p><p>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.</p>

In this note, we highlight the outperformers and underperformers among EM currencies as US long-end yields have come off from their peak at the end of last month.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: Leaders and Laggards in EM FX as US Yields Retreat from the Peak

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

<p>Buy DXY 91 to 90.50 overshoot to a align with the SPX top of the rising wedge near 4,180 for a peak in risk. Late April is the ideal timeline for a USD low base to form as a rally platform for a risk off cycle in May/June.</p><p>Expect some key lows for the USD in EM to pressure EM equities in coming months. USD in Asia bearish tactically into targeted lows to reverse positioning to long the USD.</p>

Buy DXY 91 to 90.50 overshoot to a align with the SPX top of the rising wedge near 4,180 for a peak in risk. Late April is the ideal timeline for a USD low base to form as a rally platform for a risk off cycle in May/June.Expect some key lows for the USD in EM to pressure EM equities in coming months. USD in Asia bearish tactically into targeted lows to reverse positioning to long the USD.

Thailand

The Thai baht is the official currency of Thailand. 

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THB (USDTHB CURNCY)

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

Smartkarma Webinar | Alpha Bites: Trade Ideas in FX and Rates

On 28 April, 11am SGT, join our webinar with Insight Provider Gautam Jain, who will be going over the process with which he comes up with trade...

Smartkarma Research

FX Dashboard: US Treasury Holds Back Labeling Taiwan a Currency Manipulator

In this note, we discuss the implications for the Taiwan dollar of last week's release of a report by the US Treasury on foreign exchange policies...

Gautam Jain, PhD, CFA

FX Dashboard: Leaders and Laggards in EM FX as US Yields Retreat from the Peak

In this note, we highlight the outperformers and underperformers among EM currencies as US long-end yields have come off from their peak at the end...

Gautam Jain, PhD, CFA

USD Buy Levels to Sync with Peak in Risk

Buy DXY 91 to 90.50 overshoot to a align with the SPX top of the rising wedge near 4,180 for a peak in risk. Late April is the ideal timeline for a...

Thomas Schroeder

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)