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.

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.

Macroeconomics

Australia & United kingdom / Macroeconomics

<p>There is a lot of stewing over the UK Brexit referendum, undermining the GBP, dragging down the EUR a bit, supporting gold and JPY, and possibly even AUD and EM currencies as investors presume the safest place is out of UK assets and even Eurozone assets until this mess is sorted out.  A vote to leave the EU would unleash prolonged uncertainty as new deals on trade and a range of other matters would take time in what is likely to be an unfavorable frame of mind from the EU side.  There is a great deal of uncertainty over what kind of outcome an exit might have for the UK economy.  While many argue it is unlikely to harm the economy and may even help it, the EU accounts for around half of British trade, so risk appears skewed to the downside.  The developments underway have parallels with the Scottish independence referendum. The prospect of Scotland opting out significantly undermined the GBP, but it bounced back sharply when they voted to stay-in.  In closely run binary polls like both the Scottish and EU referendums with a large pool of undecided voters, there tends to be a swing back to the status quo (better the devil you know) in the end.  It is hard to imagine either side of the Brexit debate will gain a clear ascendency ahead of the 23 June referendum, this will keep GBP down in the near term, but a rush back to the GBP is likely thereafter. An early election (July) is becoming increasingly likely in Australia as the debate over tax policy descends into the same old shrill scaremongering and the polling tightens up after the Governing LNC fail to take control over the debate on tax policy.  The housing market has become central to the debate which is an uneasy situation when many perceive it to be a bubble waiting to be popped.</p>

There is a lot of stewing over the UK Brexit referendum, undermining the GBP, dragging down the EUR a bit, supporting gold and JPY, and possibly even AUD and EM currencies as investors presume the safest place is out of UK assets and even Eurozone assets until this mess is sorted out.  A vote to leave the EU would unleash prolonged uncertainty as new deals on trade and a range of other matters would take time in what is likely to be an unfavorable frame of mind from the EU side.  There is a great deal of uncertainty over what kind of outcome an exit might have for the UK economy.  While many argue it is unlikely to harm the economy and may even help it, the EU accounts for around half of British trade, so risk appears skewed to the downside.  The developments underway have parallels with the Scottish independence referendum. The prospect of Scotland opting out significantly undermined the GBP, but it bounced back sharply when they voted to stay-in.  In closely run binary polls like both the Scottish and EU referendums with a large pool of undecided voters, there tends to be a swing back to the status quo (better the devil you know) in the end.  It is hard to imagine either side of the Brexit debate will gain a clear ascendency ahead of the 23 June referendum, this will keep GBP down in the near term, but a rush back to the GBP is likely thereafter. An early election (July) is becoming increasingly likely in Australia as the debate over tax policy descends into the same old shrill scaremongering and the polling tightens up after the Governing LNC fail to take control over the debate on tax policy.  The housing market has become central to the debate which is an uneasy situation when many perceive it to be a bubble waiting to be popped.

Brexit Reprising the Scottish Referendum, Housing Becomes Political as Election Looms in Australia