While the euro and many euro-zone assets have rallied significantly over the past two months, we think that there is scope for them to make more headway this year.

The odds that Joe Biden wins this year’s US presidential election, and that the Democrats also win full control of Congress, have risen recently. While we expect US equities to fare reasonably well...

If we are right that commodity prices will make up more ground as economies continue to reopen, the rally in commodity currencies may have further to go.

While we think that much of the rebound in emerging market (EM) currencies is now behind us, we still expect that most of them will make a bit more headway against the dollar in the second half of the...