OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
SOFR–IORB capped at 10bp into year-end: the fading-turn…
The Secured Overnight Financing Rate (SOFR) less interest on reserve balances (IORB) prints at or below +10 basis points (bp) on December 31, 2026 — above the 0bp of today, but at least 12bp tighter…
USD/JPY capped near 160.30 into Jackson Hole: the…
USD/JPY holds a 157.30–160.30 band into the September Federal Open Market Committee (FOMC) meeting, with a base case of 160.30 by September 30, 2026, a bull case of 163.91 and a bear case of 156.68.…
USD/JPY to 163.50 by September 30: intervention’s half-life
USD/JPY reaches 163.50 by September 30, 2026 in the base case, 166.00 in the bull case, and 153.50 in the bear case. The mechanism is arithmetic rather than narrative: the July 31 joint intervention moved…
US 2-year yield to 3.75% by year-end: the…
The US 2-year Treasury yield falls to 3.75% by December 31, 2026 in the base case, 3.40% in the bull case, and rises to 4.60% in the bear case. The mechanism is the unwind of…
Nvidia to $224 into the August 26 print:…
Nvidia (NVDA) reaches $224 by September 1, 2026 in the base case, $240 in the bull case, and $192 in the bear case — with the August 26 earnings print deciding which leg fires, and…
USD/CHF to 0.7950 by Q3 2026: the SNB…
USD/CHF reaches 0.7950 by September 30, 2026 in the base case, 0.8300 in the dollar-bull case, and 0.7650 in the franc-bull case, with the Swiss National Bank's stated intervention reaction function — not the 362-basis-point…
US 10-year to 4.85% by Q3 2026: the…
The US 10-year Treasury yield reaches 4.85% by September 30, 2026 in the base case, 5.10% in the bull-yield case and 4.30% in the bear-yield case, driven by a term-premium repricing that consensus forecasts have…
AUD/USD to 0.7150 by Q3 2026: the energy-windfall…
AUD/USD reaches 0.7150 by September 30, 2026 in the base case, 0.7300 in the bull case and 0.6750 in the bear case, driven by an Australian energy terms-of-trade windfall that has inverted the Aussie's usual…