Blog | Cable FX Macro

⚖️🇺🇸U.S. 10-Year Yield Saw Marginal Decline In March, Curve Flattens: Cable FX Macro

Apr 1, 2024

⚖️🇺🇸U.S. 10-Year Yield Saw Marginal Decline In March, Curve Flattens: Cable FX Macro

The third month of the year failed to see the 10-year benchmark yield extend higher from February, rates bid saw the yield decline 5bps...

🔺💵Dollar Extended Weekly Gains Into EoQ: Cable FX Macro

Rosbel Durán

Apr 1, 2024

🔺💵Dollar Extended Weekly Gains Into EoQ: Cable FX Macro

The dollar has been leading the G10 over the first quarter of the year, and the last week of trading was no exception, our measure of USD...

⚠️💱Dollar Traded In Line With Vol Benchmark: Cable FX Macro

Rosbel Durán

Apr 1, 2024

⚠️💱Dollar Traded In Line With Vol Benchmark: Cable FX Macro

Of course, correlations come and go and sometimes they can be ignored but the fact that the dollar traded in line with vol is interesting...

Rosbel Durán

Apr 1, 2024

📝❗️Cable FX Macro Weekly Note

**As seen in Risk In The Week report 03/30/24, subscribe at cablefxm.co.uk/reports This Week: ISM Mfg PMI EU CPI SZ CPI NFP Report

⚠️💱1w Dollar/Yen Butterfly Rises to Highest Since Early November: Cable FX Macro

Rosbel Durán

Mar 28, 2024

⚠️💱1w Dollar/Yen Butterfly Rises to Highest Since Early November: Cable FX Macro

Dollar/yen 10d 1w butterfly is now at the highest level since November as options markets expect wider moves in the cross. The recent leg...

📝China High Savings Rate to Bolster Consumption: ING

Rosbel Durán

Mar 28, 2024

📝China High Savings Rate to Bolster Consumption: ING

Increase consumer spending power. In the long term, this will primarily be done by maintaining a stable job market and encouraging higher...

📈March Sees Risk Bid Across Equity Benchmarks: Cable FX Macro

Rosbel Durán

Mar 28, 2024

📈March Sees Risk Bid Across Equity Benchmarks: Cable FX Macro

Q1 ends with further gains in risk, U.S. equities finished the month up 3.1%, however, more than half of G10 benchmarks outperformed the...

🏦🔻ECB Seen Leading Policy Easing This Year: Cable FX Macro

Rosbel Durán

Mar 25, 2024

🏦🔻ECB Seen Leading Policy Easing This Year: Cable FX Macro

Swaps market now sees Fed, ECB, and BoE start of policy easing at the same time this year. Money markets were surprised last week when...

💵🔺Dollar Posts Second Best Week Of 2024: Cable FX Macro

Rosbel Durán

Mar 25, 2024

💵🔺Dollar Posts Second Best Week Of 2024: Cable FX Macro

Our own measure of the dollar rose 1.4% on the week, a separate index constructed by Bloomberg jumped by 0.9%. The Cable FX Macro Dollar...

❗️💱FX Volatility Rises The Most Since March 2023: Cable FX Macro

Rosbel Durán

Mar 22, 2024

❗️💱FX Volatility Rises The Most Since March 2023: Cable FX Macro

This week’s docket held historic decisions from both DM and EM central banks, inflation data, and developing geopolitical events....

⚠️💱Antipodes Hold Highest R2 to The Chinese Yuan: Cable FX Macro

Rosbel Durán

Mar 22, 2024

⚠️💱Antipodes Hold Highest R2 to The Chinese Yuan: Cable FX Macro

AUD and NZD have the highest sensitivity and R2s to the offshore yuan. The yuan tumbled below support and is down more than 500p on the...

💱Swiss Franc Bottoms G10FX Composite Model Ranking: Cable FX Macro

Rosbel Durán

Mar 22, 2024

💱Swiss Franc Bottoms G10FX Composite Model Ranking: Cable FX Macro

The Swiss franc is now the second worst performer in early 2024 trading, the currency has fallen vs all G10 peers except the Japanese...

🏦🔻Trades Add Dovish BoE Bets After March Decision: Cable FX Macro

Rosbel Durán

Mar 22, 2024

🏦🔻Trades Add Dovish BoE Bets After March Decision: Cable FX Macro

Before the Bank Of England's March Bank Rate decision, the swaps market saw only 14bps of easing by June while an August rate cut was the...

🏦🇺🇸Desk Commentary: FOMC March Rate Decision

Rosbel Durán

Mar 20, 2024

🏦🇺🇸Desk Commentary: FOMC March Rate Decision

UBS: The Federal Reserve doesn't have the data in hand to be confident inflation will decline to and then sustain its 2% target. Chairman...

🏦🇨🇭Cable FX Macro Weekly Note: SNB March Quarterly Policy Rate Decision

Rosbel Durán

Mar 20, 2024

🏦🇨🇭Cable FX Macro Weekly Note: SNB March Quarterly Policy Rate Decision

**As seen in Risk In The Week report 03/17/24, subscribe at cablefxm.co.uk/reports The SNB left policy unchanged in December, this week's...

🏦🇬🇧Cable FX Macro Weekly Note: BoE March Bank Rate Decision

Rosbel Durán

Mar 20, 2024

🏦🇬🇧Cable FX Macro Weekly Note: BoE March Bank Rate Decision

**As seen in Risk In The Week report 03/17/24, subscribe at cablefxm.co.uk/reports The Bank of England left its key rate unchanged at...

RPT -- 🏦❗️Cable FX Macro Weekly Note: FOMC March Rate Decision

Rosbel Durán

Mar 20, 2024

RPT -- 🏦❗️Cable FX Macro Weekly Note: FOMC March Rate Decision

**As seen in Risk In The Week report 03/17/24, subscribe at cablefxm.co.uk/reports The FOMC left the federal funds rate target unchanged...

RPT -- 🏦🇯🇵Cable FX Macro Weekly Note: BoJ March Policy Rate Decision

Rosbel Durán

Mar 19, 2024

RPT -- 🏦🇯🇵Cable FX Macro Weekly Note: BoJ March Policy Rate Decision

**As seen in Risk In The Week report 03/17/24, subscribe at cablefxm.co.uk/reports The Bank of Japan left its benchmark policy rates...

RPT -- 🏦🇦🇺Cable FX Macro Weekly Note: RBA March Cash Rate Decision

Rosbel Durán

Mar 19, 2024

RPT -- 🏦🇦🇺Cable FX Macro Weekly Note: RBA March Cash Rate Decision

**As seen in Risk In The Week report 03/17/24, subscribe at cablefxm.co.uk/reports In early February, the RBA decided to leave the Cash...

🏦🇯🇵Desk Commentary: BoJ March Rate Decision

Rosbel Durán

Mar 19, 2024

🏦🇯🇵Desk Commentary: BoJ March Rate Decision

UBS: The headlines tell us that was the first BoJ rate hike For 17 years. The question should really be: is this a different Japan to the...