• Shutdown takes the fun away

    Shutdown takes the fun away

    A healthier dollar, until the shutdown withholds the cure. Euro stuck under the US shadow. GBP/EUR pops on technical break and BoE calm.

  • Dollar finds its floor as policy takes the wheel

    Dollar finds its floor as policy takes the wheel

    Dollar rebound ends turbulent January. Cyclical cheer, structural fear. Dollar story gives way to BoE week.

  • 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.