FX Strategist

Greg Gibbs

Greg has had a long career in foreign exchange, beginning at the Reserve Bank of Australia in 1989.  He was the first economics graduate at the Bank to be assigned to the foreign exchange dealing desk. Greg learnt from highly respected stewards of policy and market development at the Bank.  He played a leading role in establishing the Bank’s approach to asset and currency management of its international reserves, and managed the Bank's Japanese bond portfolio for a year before joining the private sector in 1995.

In October 2015, Greg launched his own FX research company, Amplifying Global FX Capital, after completing duties at the Royal Bank of Scotland in Singapore where he was the Head of Asia Pacific Markets Strategy since February 2014.  His flagship  report (AmpGFX) is available here on SmartKarma.

He has maintained a trading track record since March 2013. The results are very good over this period. There have been significant macro developments that suit his approach to markets. He is now managing his own capital and will often have positions in the markets that he is writing about in his AmpGFX report.

For a detailed biography and trading performance analysis head to the ampGFXcapital.com website.

An Update on the Fed's Balance Sheet Wind Down

Market yet to React to Approaching Fed Asset Run-Off

Fundamental analysis of topical themes in FX

Amplifying Global FX Capital

Amplifying Global FX Capital was founded in 2015 and is fully owned by Greg Gibbs. It is a registered company both in Australia and Colorado, USA and is a licensed in Australia to provide financial services.

We are producing a regular trading view orientated macroeconomic analysis of topical themes in global financial markets, with a particular focus on foreign exchange. We invite you to view an “executive summary” of these reports in “AmpGFX Reports” under our “Research” menu.

These reports are drawn from the analysis of Greg Gibbs and inform the capital management he undertakes on behalf of the company. The trading performance is posted periodically on our website. We aim to build our company into both a research and capital management business. We are currently in the planning phase for managing capital for wholesale customers.

Greg Gibbs has spent his working life of more than 26 years in financial markets, beginning in 1989 at the Reserve Bank of Australia, after completing a Bachelor of Economics Degree (Honours) at the Australian National University. He has been a CFA Charterholder since 2005. He has worked in Sydney, Singapore, New York and London for major global banks and presented on foreign exchange markets to major financial institutions and companies around the world, and maintained a high profile in the financial media.

Before Amplifying Global FX Capital, Greg was the Head of Asia Pacific Market Strategy at the Royal Bank of Scotland based Singapore. He now resides in Breckenridge Colorado.

FX & Rates

<p><em>Geopolitical risk appears elevated after recent events in Syria, Tillerson en route to Russia, US warships en route to the Korean Peninsula, and reports of Chinese troops moving towards the North Korean border.  These developments are providing support for JPY and gold, and keeping global asset markets on edge, trading in choppy ranges.  However, rising geopolitical risk is helping revive confidence in the Trump administration and reduce political risk in the USA.  The improvement in Trump administration performance may prove more durable and lift yields and help support the USD as geopolitical risk fades, reversing recent gains in JPY and gold.  The USA labor data had no smoking gun on inflation, but revealed further tightening in the labor market and will keep the Fed on a path to gradually tighten rates and begin to dis-invest in Treasuries and Agency MBS later this year.  Recent flattening in the US yield curve may also reverse if geopolitical risk recedes.  Nerves over the French election are rising as the race for the first round tightens.  EUR is languishing near recent lows.  If Macron makes it to the second round on 23 April and Le Pen achieves little more than a quarter of the vote, EUR may start to recover.  The probability of a Macron victory should rise in a head-to-head run-off with Le Pen.</em></p>

Geopolitical risk appears elevated after recent events in Syria, Tillerson en route to Russia, US warships en route to the Korean Peninsula, and reports of Chinese troops moving towards the North Korean border.  These developments are providing support for JPY and gold, and keeping global asset markets on edge, trading in choppy ranges.  However, rising geopolitical risk is helping revive confidence in the Trump administration and reduce political risk in the USA.  The improvement in Trump administration performance may prove more durable and lift yields and help support the USD as geopolitical risk fades, reversing recent gains in JPY and gold.  The USA labor data had no smoking gun on inflation, but revealed further tightening in the labor market and will keep the Fed on a path to gradually tighten rates and begin to dis-invest in Treasuries and Agency MBS later this year.  Recent flattening in the US yield curve may also reverse if geopolitical risk recedes.  Nerves over the French election are rising as the race for the first round tightens.  EUR is languishing near recent lows.  If Macron makes it to the second round on 23 April and Le Pen achieves little more than a quarter of the vote, EUR may start to recover.  The probability of a Macron victory should rise in a head-to-head run-off with Le Pen.

As Geopolitical Risk Rises, US Political Risk Eases