A soft landing?

A soft landing?

Will the world’s largest economy, the US, finally achieve a soft landing after the recent interest rate hikes? The US unemployment rate, known for its mean reversion characteristics, poses a challenge for a soft landing. Typically, low unemployment rates will...
Where are currency markets heading?

Where are currency markets heading?

The US dollar has remained dominant over its developed economy counterparts, as depicted in Figure 1. This figure shows that the US dollar is significantly overbought when compared to its developed economy peers. This can be seen in the DXY Index, which tracks the...
Why is Japan making new headlines?

Why is Japan making new headlines?

The 19th of March 2024 marked a significant policy shift for the Bank of Japan (BoJ).  The BoJ ended eight years of negative interest rates and other remnants of its unconventional monetary policy, making a historic shift away from its focus on reflating growth with...
Key themes for the dollar in 2024.

Key themes for the dollar in 2024.

As we usher in 2024, the once seemingly unstoppable dollar has recently seen an observable reversal since the Federal Reserve initiated a series of rate hikes in 2022. The DXY Index, a trusted metric designed to gauge the dollar’s strength against a basket of...