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The rising cost of hedging the Aussie dollar.This week saw the AUD fall close to 3% to below 0.66c against the USD - while also seeing simil...
Can the Aussie dollar recover from its recent lows?The Aussie dollar hit the key level of US$0.7150 just four short weeks ago, but since then it's collapsed to 0.674.
How the AUD will react to the strength of retailersWalmart's dominant market position makes it a gauge of retail strength, and James Swerling of Ebury notes that sales are expected to reach 4% higher y/y, healthy but lagging on inflation.Walmart's weak guidance may be a portend of slowing growth ahead and perhaps a more dovish Fed.
Move over King Dollar... the AUD is backIt's been a massive week with central bank news with the BOE, the ECB, and the FED all having their first meetings of the year.Patrick Idquival from Ebury says Powell did his best to be hawkish in his speech when the Fed raised rates by 23bps, but markets weren't convinced.
A strong CNY leading up to CNY (Chinese New Year)Patrick Idquival from Ebury Partners shares his views on the strength of the CNY leading up to CNY (Chinese New Year).He mentions that the big shift in the Chinese Yuan is due to two things, a correction in the USD on the back of the Fed and the Chinese Reopening story.
US dollar rides the Fed's wave.Trading volumes are still quite low, but likely to pick up in coming weeks.James Swerling from Ebury says the US dollar has been moving with the Fed; initially up on the hopes that they were almost done hiking rates, and now cooling off on jobs data.
What China’s reopening means for currency markets.China is set to open its international borders next week ahead of Chinese New Year so we explain what that means for the currency market.Once infection rates become clearer he said we could see a positive story associated with the Aussie Dollar.
Will a black swan rock currency markets this year?The 2023 outlookTypical trading patterns for January this year will either hold up or be skewed by potential geopolitical volatility.
