Currency movements based onbrexit's outcome.
We expect the US dollar to underperform ahead of the first Federal Reserve (the Fed) interest rate cut of this cycle.
With volatility in FX markets close to all-time lows, we explore the rising risks that could see larger moves in currencies going forwards.
The potential for unilateral US currency intervention arose as a topic of research interest last year, and discussion has intensified over recent weeks.
We explain why such an approach may not be warranted this year for investors in emerging market currencies.
The Chancellor pointed out at the beginning of this budget that a new budget could be required in the spring if a Brexit deal is not reached.
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly