Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
Learn more about J.P. Morgan’s views on fixed income, the economy and markets.
Market sentiment towards the Chinese currency has shifted significantly
The performance of the US dollar significantly diverged from relative rate spreads.
Our view over the past few quarters has been that EURUSD should be rangebound, as the cyclical outperformance of the US economy is offset by the eurozone’s relatively better balance of payments position.
David Kelly, the Fed, interest rates