Beware of robber banks (RB), bad advisors.
-
Finding currency strength amid the crisis
On the former our team expect European policymakers to do enough to contain debt sustainability fears this year. We are therefore not expecting an EMU break-up premium to be built into the EUR in 2020. Combined with massive dollar liquidity provision from the Fed, EUR/USD should slowly move towards 1.15. As a ‘Risk on, Dollar Off’ paradigm emerges, investors will slowly start to look for value amongst good quality/rated names. Something like the SEK may start to perform a little better – potentially even the GBP as well, when London chooses to extend the EU transition deal by the end of June. Amongst the ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 25, 2020 8:21am Apr 25, 2020 8:21am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
- Comment #2
- Quote
- Apr 25, 2020 8:22am Apr 25, 2020 8:22am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
- Comment #3
- Quote
- Apr 25, 2020 10:06am Apr 25, 2020 10:06am
- RossEdwards
- Joined Jun 2019 | Status: Member | 3299 Comments
Warning: A Dangerous Subversive: 1% of comments CoCed
- Comment #4
- Quote
- Apr 25, 2020 12:12pm Apr 25, 2020 12:12pm
- 240z
- | Joined Oct 2012 | Status: Member | 46 Comments