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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessCredit Agricole's latest update of their......>
FOREX: Credit Agricole's latest update of their long-term fair value model
suggests that the fair value of the USD increased moderately across the board in
Q118. They argue that "this may be a sign of the positive impact of President
Trump's policies, as it seems to have been driven by a rise in US productivity
as well as real yields and rates, relative to the rest of the G10, which more
than offset the deterioration in US external imbalances. In the commodity G10
currencies, deteriorating relative commodity terms of trade further contributed
to the drop in their fair values versus the USD."
- Credit Agricole's fair value estimates: EUR/USD $1.23, GBP/USD $1.39, USD/JPY
Y98, USD/CHF CHF1.14, AUD/USD $0.74, USD/CAD C$1.32, NZD/USD $0.63, USD/NOK
NOK8.04, USD/SEK SEK8.20.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.