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.

Thoughts on Amazon –What Does Its Valuation Tells Us?

Netflix & Amazon Expand in Korea – Not a Coincidence

Okja: The Fight Between Netflix Vs. CJ CGV

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>The North Korean tensions include a bigger tail risk than usual.  NK is firmly focused on developing its capacity to deliver a nuclear warhead to the USA, and the USA is set on preventing this happening.  The most obvious next step is for the USA to intensify pressure on China and other nations to stop trading with NK. China and Russia may see NK as a wedge issue that they can use to drive a bigger gap between the US and its traditional allies, in particular, Europe.  China is successfully building its relationship with Europe, while USA relations with Europe have weakened. NK tensions are highlighting the diminishing global political influence of the USA and distracting it from a range of domestic political issues that are coming to a head in Q3.  Tensions between the US and China are threatening to deteriorate and may already be weighing on Asian currencies.  Europe is relatively well placed to avoid disruption and may benefit from closer relations with China.  A number of EM markets have weakened in the last month, including KRW and TWD, facing higher risk from NK and weaker high-tech equities.  Higher global bond yields are spilling over to weaker equities and weaker EM currencies more generally.  German bond yields broke to new highs this year.  The ECB account of its June policy meeting said that the committee contemplated removing an easing bias on its APP.  In contrast, the FOMC minutes leaned more dovish.  Stronger growth momentum, lower economic and political risk, and shifting ECB policy bias is boosting the EUR.</em></p>

The North Korean tensions include a bigger tail risk than usual.  NK is firmly focused on developing its capacity to deliver a nuclear warhead to the USA, and the USA is set on preventing this happening.  The most obvious next step is for the USA to intensify pressure on China and other nations to stop trading with NK. China and Russia may see NK as a wedge issue that they can use to drive a bigger gap between the US and its traditional allies, in particular, Europe.  China is successfully building its relationship with Europe, while USA relations with Europe have weakened. NK tensions are highlighting the diminishing global political influence of the USA and distracting it from a range of domestic political issues that are coming to a head in Q3.  Tensions between the US and China are threatening to deteriorate and may already be weighing on Asian currencies.  Europe is relatively well placed to avoid disruption and may benefit from closer relations with China.  A number of EM markets have weakened in the last month, including KRW and TWD, facing higher risk from NK and weaker high-tech equities.  Higher global bond yields are spilling over to weaker equities and weaker EM currencies more generally.  German bond yields broke to new highs this year.  The ECB account of its June policy meeting said that the committee contemplated removing an easing bias on its APP.  In contrast, the FOMC minutes leaned more dovish.  Stronger growth momentum, lower economic and political risk, and shifting ECB policy bias is boosting the EUR.

North Korean Tensions Support EUR Vs. USD and Asia