Recurring series
HSBCAmericas FX Morning Bullets
Finvaulta tracks 5 editions of Americas FX Morning Bullets from HSBC, published between June 10, 2026 and July 9, 2026. Each edition is summarized on its own page.
Latest edition · July 9, 2026
HSBC Americas FX Morning Bullets 9 July 2026
The FX market remains largely unmoved by geopolitical risks in the Middle East, while the NZD outperforms on hawkish central bank commentary. Meanwhile, the Fed remains divided, awaiting further data to guide future policy decisions.
Global currency markets are exhibiting resilience in the face of Middle Eastern conflict, driven by expectations of diplomatic solutions. New Zealand's dollar is the outlier, gaining strength from hawkish RBNZ rhetoric and strong manufacturing data. Federal Reserve minutes reiterate a split committee, with interest rate hikes hinging on future inflation data. Regional developments in Chile and Mexico remain in focus, with analysts showing preference for Andean currencies over the Brazilian Real.
Read the latest edition in fullKey takeaways from the latest edition
- 1.Geopolitical risk in the Middle East has had minimal impact on FX markets, reflecting a market assumption of a diplomatic resolution.
- 2.The RBNZ's hawkish stance and strong domestic manufacturing data have supported the NZD despite broader geopolitical tensions.
- 3.Fed policy remains data-dependent and divided, with the market pricing in 35bp of hikes.
What this series covers
- Currencies
- Disclaimer & Disclosures
- 2026 Extel Global Fixed-Income Research Survey
- Disclosure appendix
Edition archive
Series at a glance
- Editions tracked
- 5
- First edition
- June 10, 2026
- Latest edition
- July 9, 2026