• Warsh it is!

    Warsh it is!

    Warsh viewed as the firmer hand. Pullback extends as risk off bites. Sterling caught in the risk-off squeeze.

  • Improved US outlook gets the Fed’s stamp

    Improved US outlook gets the Fed’s stamp

    Fed revives the macro story, dollar stays muted. Technicals cool off, bullish bias unchanged. Pound riding global flows without domestic fuel.

  • Dollar on the back foot

    Dollar on the back foot

    Two headwinds, one amplifier. Sterling finds lift only on big (positive) surprises. Fresh 4-year highs in sight.

  • Hot economy, thin credibility

    Hot economy, thin credibility

    King Dollar’s heavy golden crown. Best day in more than a month. Labour weakens, sterling waits.

  • Greenback keeps control

    Greenback keeps control

    Greenback holds the high ground. Euro softens as consolidation deepens. The puzzle of a positive day that didn’t deliver.

  • Still running hot

    Still running hot

    Dollar bears grapple with growth expectations. Volatility too quiet for comfort. Gilts lean into the soft patch.