EURUSD should be rangebound
We explain why such an approach may not be warranted this year for investors in emerging market currencies.
A greater percentage of negative yielding bonds has reignited the hunt for yield as investors look for higher yields in riskier asset classes.
Equities continue to look attractive relative to fixed income, and could very well move higher in the short-term given firmer economic data and a Fed on hold.
The U.S. Federal Reserve (the Fed) has called a halt to the balance sheet reduction program earlier, and at a higher terminal level, than investors first anticipated.
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.
1Q18 earnings update: A tailwind from taxes
This week the House of Commons demonstrated that a clear majority of Members of Parliament (MPs) are not willing to leave the EU without a deal. Our view has always been that we would at some point end with a relatively soft Brexit.
The potential for unilateral US currency intervention arose as a topic of research interest last year, and discussion has intensified over recent weeks.