BNY MellonInflation Peaks, But Fed Stays HawkishLast week delivered encouraging news on the US inflation front. Data across a range of inflation and related indicators suggest pressure is easing...
Investment Bank Outlook 29-07-2022
Credit AgricolePast peak Fed hawkishness and peak USD?The most popular trade of 2022 so far has been to be long the USD, which relies on an increasingly hawkish Fed to continue to push the currency...
Investment Bank Outlook 28-07-2022
Credit AgricoleA second 75bp hike to curb inflationAs widely expected, the Fed delivered a second 75bp rate hike in its fight against four-decade high inflation prints, taking the policy rate to...
Investment Bank Outlook 27-02-2022
Credit AgricoleCould the US economy already be in recession?The advance Q2 GDP report is set for release later this week, and while the Bloomberg consensus and our own forecast sit in positive...
Investment Bank Outlook 26-07-2022
Societe GeneraleFocus switches to the US, even if there’s a very strong consensus about what the FOMC will decide on Wednesday. After a week in which the market was more focused on the ECB, Italy and...
Investment Bank Outlook 25-07-2022
BofA USD: We have not been bullish enough We have been out-of-consensus USD bulls this year, but it now turns out we have not been bullish enough. EURUSD is back to parity after 20 years. USDJPY is at...
Investment Bank Outlook 21-07-2022
Credit SuisseFX markets have been in consolidation mode over the past week, with the broad USD retracing lower after briefly trading above the March 2020 highs on 14 July.Hawkish Fed officials failing...
Investment Bank Outlook 20-07-2022
Credit AgricoleAssessing the short-term EUR/USD risksThe near-term outlook for EUR/USD tends to be dominated by the EUR-USD short-term rate spread, the peripheral yield spread to Bunds as well as the...
Investment Bank Outlook 19-07-2022
Credit Agricole- The EUR faced some selling interest last week, predominantly driven by IMM flows. Our FX flow data points at corporates and hedge funds inflows, as well as banks and real money...
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