The hottest Currency Exchange Substack posts right now

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Top Links 559 Will there be dollar-renminbi dramas in garbage time? Central bank independence in SE Asia & Sartre, Anderson, Jameson.

Chartbook • 371 implied HN points • 13 Nov 24
💰 Finance Global Markets Economics Central Banking Currency Exchange Financial Policy
  1. There could be important developments regarding the dollar and renminbi exchange rates in the near future. This might affect global economics significantly.
  2. The independence of central banks in Southeast Asia is a key topic worth watching. Their decisions can impact regional economies and policies.
  3. The work and ideas of philosophers like Sartre, Anderson, and Jameson are still relevant today. They offer interesting perspectives that connect to current issues.

BOJ Finally Pulls the Trigger on Rate Policy, But It’s a Low-Caliber Gun

Japan Economy Watch • 259 implied HN points • 20 Mar 24
💰 Finance Monetary Policy Interest Rates Inflation Economic Forecast Currency Exchange
  1. BOJ's interest rate policy tweak is more about changing the mechanism to keep rates low, gradually raising overnight rates from negative to low positive percentages over time.
  2. Ending Yield Curve Control means BOJ stops directly controlling long-term rates but still aims to keep them low by continuing to buy the same amount of long-term bonds.
  3. BOJ remains focused on low inflation and plans to raise interest rates if it rises too high, but for now, it sees current inflation as temporary due to global factors.

BOJ Stands Pat; Yen Weakens to ¥158; Inflation Substantially Below 2% Goal

Japan Economy Watch • 159 implied HN points • 27 Apr 24
💰 Finance Inflation Central Bank Interest Rates Currency Exchange Economic outlook
  1. Bank of Japan (BOJ) announced no new tightening measures, leading to yen weakening to ¥158/$
  2. Inflation in Japan has fallen substantially below the 2% goal, with core inflation hitting 1.4% in the past six months
  3. BOJ remains optimistic about reaching stable 2% inflation, emphasizing on a 'virtuous cycle' between wages and prices

Will Kuroda Blink This Week?

Japan Economy Watch • 399 implied HN points • 14 Jan 23
💰 Finance Economy Interest Rates Inflation Currency Exchange Market Analysis
  1. The Bank of Japan is facing pressure to raise interest rates as the market challenges its efforts to keep rates down.
  2. Despite spending 5% of GDP on purchasing government bonds, the BOJ's attempts to control rates have not been successful.
  3. The future moves of the Bank of Japan will likely affect the yen's value, impacting inflation, trade competitiveness, and overall economic well-being of Japan.

Currency Arbitrage for Real Estate in Argentina

BowTiedMara - Geoarbitrage & Mobility Assets • 137 implied HN points • 21 Jul 23
💰 Finance Real Estate Investments Currency Exchange
  1. Currency arbitrage can be utilized when buying real estate in Argentina through payment plans in USD or pesos.
  2. Investing in new construction projects in Argentina requires due diligence on the construction company's track record and the payment structures, such as Fideicomiso or SA/SRL.
  3. Non-residents can access payment plans for real estate in Argentina, leading to opportunities for profitable investments and potential currency arbitrage.
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Is Yen’s Decline Over?

Japan Economy Watch • 299 implied HN points • 29 Jul 22
💰 Finance Currency Exchange Interest Rates Inflation Central Bank Market Trends
  1. Traders in currency and bond markets lost big on bets about the weakening yen and rising US interest rates, impacting the yen's value.
  2. The US Federal Reserve's quick actions against inflation caused a change in interest rate outlook, leading to a significant drop in US treasury bond rates.
  3. Market sentiment shifted due to the revised expectations of lower interest rates set by the US Federal Reserve, impacting traders' future predictions.

Alert: Central Bank of Nigeria Circular TED/PFO/CON/INT/007/032

RegAlert • 0 implied HN points • 12 Jul 23
💰 Finance Regulation Banking Currency Exchange
  1. Financial institutions in Nigeria must offer Naira as a payout option for diaspora remittances along with USD and eNaira.
  2. International Money Transfer Operators should pay out using the Investors' & Exporters Window rate on the day of the transaction.
  3. The regulation for payout options for diaspora remittances in Nigeria is effective immediately.

Chart: NGN depreciation over last 12 months

RegAlert • 0 implied HN points • 10 Feb 24
💰 Finance Currency Exchange
  1. The Nigerian Naira saw significant depreciation against USDT but remained relatively stable against USD.
  2. The Central Bank Governor's policies closed the 35-38% discount on NGN in mid-2023.
  3. Adjustments by the Central Bank were made when the spread in exchange rates exceeded 30%, eventually resulting in a 34% depreciation of the Naira to USD.