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.

US Bond Yields and the USD at Key Juncture

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

Trump’s respected economic team of Cohn and Mnuchin released the broad strokes of the tax plan that were leaked out and reported to the media in the last day or so. The plan is very ambitious and focused on making US companies internationally competitive, with the intention of bringing business investment and revenue to the USA.  The muted market reaction reflects doubts that comprehensive tax reform can get through Congress.  However, there is scope for market optimism to build.  The plan is being led by respected economic advisors who recognize the need to build consensus and demonstrate a willingness to negotiate.  The Trump administration is taking a more proactive role in tax policy than it took with Healthcare.  Further boosting the prospect for tax reform are reports that the Freedom Caucus holdouts on the Healthcare bill may now support an amended bill.  Passage of a bill to repeal and replace Obamacare would clear the way for negotiations on tax policy, and improve Trump’s record on delivering policy. Further supporting the USD are actions and orders that restrict international trade with the US.  These have weakened the CAD and MXN in recent days, pose risks for China and Japan, and, more generally, for countries reliant on global trade; including many emerging market and commodity currencies. Finally, Trump has taken funding the Mexican border wall out of the government funding bill negotiations, lessening the risk of a negative fallout to near-term economic confidence in the USA.

Trump’s respected economic team of Cohn and Mnuchin released the broad strokes of the tax plan that were leaked out and reported to the media in the last day or so. The plan is very ambitious and focused on making US companies internationally competitive, with the intention of bringing business investment and revenue to the USA.  The muted market reaction reflects doubts that comprehensive tax reform can get through Congress.  However, there is scope for market optimism to build.  The plan is being led by respected economic advisors who recognize the need to build consensus and demonstrate a willingness to negotiate.  The Trump administration is taking a more proactive role in tax policy than it took with Healthcare.  Further boosting the prospect for tax reform are reports that the Freedom Caucus holdouts on the Healthcare bill may now support an amended bill.  Passage of a bill to repeal and replace Obamacare would clear the way for negotiations on tax policy, and improve Trump’s record on delivering policy. Further supporting the USD are actions and orders that restrict international trade with the US.  These have weakened the CAD and MXN in recent days, pose risks for China and Japan, and, more generally, for countries reliant on global trade; including many emerging market and commodity currencies. Finally, Trump has taken funding the Mexican border wall out of the government funding bill negotiations, lessening the risk of a negative fallout to near-term economic confidence in the USA.

USD

Trump Tax and Trade Policy Supports USD