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.

EUR and CAD Need to Square up to Growing Threats

FOMC Minutes – Low Inflation Vs. Financial Stability

Rising US Yields to Lift USD/JPY; CAD and NZD Vulnerable

Trump's 'reality Show' Hurts the Dollar, Euro and UK Look Perky

Skeptical Market Is Very Short US Dollars

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>Canadian house price growth has cooled abruptly in recent months from rapid growth in the first half of the year.  After broad-based economic strength in the first half of the year, recent Canadian economic reports have been mixed.  A reversal of fortunes in the housing market may contain consumer confidence and activity.  In late-September, BoC Governor Poloz said that the Bank would be more data dependent in assessing future rate hikes after two back-to-back hikes in Jul/Sep this year. The risk is shifting to a more prolonged period before Canadian rates are raised further.  NAFTA uncertainty also poses a risk for the Canadian economy.  US PPI was stronger than expected and may reflect the impact of a weaker USD this year (CPI due tomorrow).  The Fed minutes were seen as dovish, revealing FOMC concerns over low inflation.  However, upside risk for US yields may arise from the impact of Hurricane recovery on growth, wages and inflation into year end.  The Fed and the US rates market do not appear to have built-in much risk that tax reform will be enacted next year.  Warsh would seem the best fit for Fed Governor and this prospect may boost US yields.</em></p>

Canadian house price growth has cooled abruptly in recent months from rapid growth in the first half of the year.  After broad-based economic strength in the first half of the year, recent Canadian economic reports have been mixed.  A reversal of fortunes in the housing market may contain consumer confidence and activity.  In late-September, BoC Governor Poloz said that the Bank would be more data dependent in assessing future rate hikes after two back-to-back hikes in Jul/Sep this year. The risk is shifting to a more prolonged period before Canadian rates are raised further.  NAFTA uncertainty also poses a risk for the Canadian economy.  US PPI was stronger than expected and may reflect the impact of a weaker USD this year (CPI due tomorrow).  The Fed minutes were seen as dovish, revealing FOMC concerns over low inflation.  However, upside risk for US yields may arise from the impact of Hurricane recovery on growth, wages and inflation into year end.  The Fed and the US rates market do not appear to have built-in much risk that tax reform will be enacted next year.  Warsh would seem the best fit for Fed Governor and this prospect may boost US yields.

CAD Facing Risks from a Weaker Housing Market and NAFTA