Institutional
Institutional, Market Analysis, Technical Analysis
Navigating Man-Made Market Volatility
Financial markets remain caught between competing narratives, with investors struggling to establish a clear direction across commodities, bonds, currencies and equities. Brent crude has moved sharply between $106 and below $100 per barrel, while sovereign bond yields continue to experience unusually large swings. The central issue is uncertainty. Markets are trying to determine whether the […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, Societe Generale
Mexican Peso: Downward momentum returns after 200-DMA break – Societe Generale
Societe Generale analysts, including Kenneth Broux, note that USD/MXN has broken above a multi-month descending trend line and reclaimed its 200-day moving average for the first time since April 2025. They see scope for a broader uptrend if the pair holds above 17.40/17.35, with hurdles at the June peak near 17.68 and projections around 17.80. […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, Societe Generale
Swiss Franc: SNB intervention bias dialed down – Societe Generale
Societe Generale strategists note that EUR/CHF has rebounded about 0.3% after the Swiss National Bank (SNB) left rates at 0.0% but softened its FX intervention language. The bank now signals it is only willing to be active as necessary, with inflation forecasts around 0.7–0.8% through 2028 and a widening rate differential versus the Eurozone expected […]
by Currency Hedger
- 0 Comments
- 1 month ago
ING, Institutional
Euro: Downside risks start to shrink against US Dollar – ING
Francesco Pesole at ING argues EUR/USD’s break below 1.140 has pushed the pair into stretched undervaluation versus their short-term fair value model, as rate differentials moved in favour of the Euro. While the Dollar-driven move and lack of nearby technical support keep catching a falling knife risky, ING expects eventual convergence toward the 1.1430–1.1450 area […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, MUFG
US Dollar: Higher yields support currency – MUFG
MUFG’s Derek Halpenny notes the US Dollar (USD) is strengthening as US fixed income sells off, driving global bond weakness and higher yields across the curve. A poor 5-year UST auction and strong US and global PMIs are reinforcing hawkish Federal Reserve (Fed) rhetoric. Rising Brent Oil and potential US diesel export bans add to […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, Rabobank
Brazilian Real: Exchange rate seen weaker into year-end – Rabobank
Rabobank’s Mauricio Une and Renan Alves note that the Federal Reserve (Fed) raised rates by 25 bps and signaled a more restrictive stance, while Copom cut the Selic rate to 13.75%. The Brazilian Real (BRL) weakened slightly to BRL 5.1462 per USD but still outperformed most emerging peers. Rabobank expects a narrower rate differential and […]
by Currency Hedger
- 0 Comments
- 1 month ago
DBS, Institutional
Swiss Franc: SNB preview signals steady policy – DBS
DBS Group Research economist Philip Wee expects the Swiss National Bank to keep its policy rate unchanged at 0% at the September 24 meeting, despite higher energy prices and a modest uptick in headline inflation. He sees scope for a near-term inflation forecast upgrade, but notes that Swiss growth has improved and CHF haven pressures […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, Rabobank
Oil: Geopolitics drive volatile price path – Rabobank
Rabobank strategist Michael Every notes Oil prices are currently lower on hopes for de-escalation in multiple conflicts, including developments around Saudi infrastructure, Iran talks and Ukraine. However, Every stresses that hardened positions in Iran, Russia and broader security shifts mean energy prices could still change dramatically depending on how major geopolitical deals and confrontations evolve. […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, UOB
Japanese Yen: Downside still favoured toward 158.40 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann maintain a constructive short-term view on USD/JPY after the pair closed at 157.37. They still see scope for further US Dollar (USD) strength, with intraday moves expected within 157.10–157.90 and firm resistance at 158.40. Strong support is revised up to 156.45, while their longer-term […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, MUFG
New Zealand Dollar: Hawkish RBNZ pricing supports kiwi – MUFG
MUFG’s Lee Hardman highlights the New Zealand Dollar (NZD) as the main overnight mover, boosted by hawkish guidance from Reserve Bank of New Zealand (RBNZ) Governor Breman. His comments on higher Oil-driven inflation have reinforced expectations for a third consecutive 25 bps hike next month. Stronger-than-expected Q2 growth and markets pricing over 100 bps of […]
by Currency Hedger
- 0 Comments
- 1 month ago