MACRO DRIVEN FX VIEWS:
Our FX calls are primarily driven by short, medium and long-term macroeconomic views with particular attention dedicated to Central Banks monetary policy orientations in the G10 and EM space. When elaborating our FX calls and longer-term forecasts, other considerations include forces of a more structural nature (including Current Account and Balance of Payment positions, debt dynamics and fiscal positions), political/geopolitical factors, as well valuation, broad market conditions/positioning and risk appetite.
LONG-TERM FX VIEWS AND FORECAST:
We provide longer-term (up to one year) FX views and forecasts.
TACTICAL FX VIEWS:
We make short to medium-term tactical calls on the FX market, usually driven by expectations on a particular economic data/event, technical considerations, valuation and/or market positioning.
Whilst FX Knowledge views and calls are primarily macro-driven, we believe in the merits and highlight the importance of technical analysis and positioning in the FX market. We like to complement our FX views by technical levels and basic technical analysis.