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Artwork for APFX Research

APFX Research

AP Research

Institutional FX and rates research

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PricingFreemiumPublishesWeekly
Issues57Founded2 years agoLast Issue10 days ago
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Artwork for APFX Research

Latest Issues

The Real Votes Early

BRL’s new Bolsonaro premium.

A sharp move lower in BRL/JPY yesterday can be put down to concerns around presidential hopeful Flávio Bolsonaro being linked to Daniel Vorcaro, the jailed former Banco Master CEO at the centre of a major fraud...

10 days ago
10
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Policy Friction Down Under

A more combative RBA leaves us neutral AUD after a long run.

After profiting from being long AUD earlier this year, we have been waiting for better entry levels over the past month to initiate fresh longs.

19 days ago
12
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Between a Yen and a Hard Place

Why today's meeting from the BoJ lacked conviction.

The Bank of Japan (BoJ) meeting earlier today was the first major G10 central bank meeting, with many looking for clues on how the respective bankers will position policy amid reflationar...

a month ago
7
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The ECB's Insurance Hike

Taking another nibble on ERZ6

Speaking late last week, ECB President Lagarde said “we are between the baseline and the adverse” when referring to scenarios for the Iran war.

a month ago
11
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Entering Dollar Doldrums

The USD is becoming a two-way trade again.

Most on the Street currently sit at opposite ends of the spectrum regarding the US Dollar outlook. Binary forecasts for EUR/USD reflect this, with evolving Iran war implications seemingly pointing...

a month ago
10
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    AP Research is an independent cross-asset platform focused on global macro and thematic investing, translating market developments into actionable positioning and asset allocation ideas, expressed both in research and in our own capital.

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