With almost every central bank in the G10 currency space in a wait-and-see mode, China once again stands out, with USD/CNY right in the crosshairs again. News...
Chris Weston
Pepperstone
With almost every central bank in the G10 currency space in a wait-and-see mode, China once again stands out, with USD/CNY right in the crosshairs again. News flow seems slow in most other locations and while there are a number of political issues at hand, they don't seem to be causing any real uncertainty. A simple look at the US volatility index (VIX) indicates a real lack of panic; it fell 4% yesterday to 13.67%, while in the forex market EUR/USD (one-month) volatility is at 15% discount to the one-year average. Even implied volatility around USD/CNH (offshore Rinminbi) is at the lowest levels in months and hasn't moved with the significant rally in USD/CNH and USD/CNY. - (VIEW LINK)
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Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market price action and advise on actionable trade ideas and investments in multiple asset classes.
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
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