Olivier Desbarres·Jan 28, 2022Japanese Yen — Myths and realitiesThe Yen depreciated about 13% versus the US Dollar between 5th January 2021 (a 9-month high) — and 4th January 2022 (a 4-year low) but has…
Olivier Desbarres·Aug 12, 2021Low global FX vol: maturity or complacency?Global FX volatility — as measured by the 5-day Standard Deviation (SD) in the daily percentage change in the spot (closing) price of a…
Olivier Desbarres·Aug 6, 2021FX Focus: USD, GBP, NZD and THBUS Treasury yields and the Dollar, perhaps unsurprisingly, have risen in the wake of today’s strong US labour market report.
Olivier Desbarres·Apr 30, 2021Something has got to giveThe Federal Reserve has in the past six weeks diligently stuck to its “patience until substantial further progress is seen” monetary policy…
Olivier Desbarres·Apr 1, 2021Crunch time for Singapore Dollar and RenminbiWe estimate that the USD-value of central bank FX reserves — adjusted for currency-valuation effects — in China, India, Indonesia, Korea…
