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.

RBNZ Governor Spencer Thrown into the Deep End

Political Risk for a Number of Currencies (AUD, NZD, GBP and CAD)

NZD Resilience Rooted in Immigration, Low Global Yields and Strong EM Markets, Political Risk Looms

When Does Political Risk Matter in New Zealand? EUR Now a High Beta Currency

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>The NZD has taken a hit on the formation of a un-proven left-leaning coalition, after nine years of a right-leaning, essentially one-party led government that oversaw a return to significant budget surplus and stable solid economic growth.  At least some change was always coming, since the election on 23-September, as NZ First held the balance of power and was set to enter government. While the market should not have seen this outcome as a big surprise, perhaps the reality has hit home, creating further downside risk for the NZD.  We expect the new Labour-led government under new PM Ardern to provide solid leadership that keeps reasonable control over the budget.  There are reasons to see some positives for the economy, as Labour will pursue increased social and infrastructure spending.  However, Labour is planning policy changes that may significantly further weaken the housing market and cut immigration.  These measures are likely to feed through to a weaker economic outlook and a weaker NZD.  In our view, the NZD has been over-valued for some time; perhaps the change in government may prove to be a catalyst that sets the currency on a new weaker course.</p>

The NZD has taken a hit on the formation of a un-proven left-leaning coalition, after nine years of a right-leaning, essentially one-party led government that oversaw a return to significant budget surplus and stable solid economic growth.  At least some change was always coming, since the election on 23-September, as NZ First held the balance of power and was set to enter government. While the market should not have seen this outcome as a big surprise, perhaps the reality has hit home, creating further downside risk for the NZD.  We expect the new Labour-led government under new PM Ardern to provide solid leadership that keeps reasonable control over the budget.  There are reasons to see some positives for the economy, as Labour will pursue increased social and infrastructure spending.  However, Labour is planning policy changes that may significantly further weaken the housing market and cut immigration.  These measures are likely to feed through to a weaker economic outlook and a weaker NZD.  In our view, the NZD has been over-valued for some time; perhaps the change in government may prove to be a catalyst that sets the currency on a new weaker course.

NZD

New Zealand Dollar Charts a New Course