Antonio Ruggiero, Senior FX Strategist

Antonio has a strong foundation in macroeconomics and financial markets, complemented by robust quantitative skills and a specialization in time series analysis. He holds a Master’s degree from the London School of Economics.

  • It’s Fed day.

    It’s Fed day.

    Iran, OPEC, AI and the Fed: everything in play. Supported but still lacking conviction. BoE hawkishness felt more keenly.

  • Risk sentiment bruised, not broken

    Risk sentiment bruised, not broken

    Markets price containment as carry quietly returns. Elevated energy, fragile euro sentiment. Hawkish bias, real carry appeal.

  • A new phase, same conflict

    A new phase, same conflict

    On track to snap 3-week losing streak. Facing economic headwinds. Sterling steady, conviction still missing.

  • Extended indefinitely

    Extended indefinitely

    Unimpressed. Rangebound trading persists. Inflation returns, BoE paralysed.

  • De‑escalation narrative awaits validation

    De‑escalation narrative awaits validation

    Markets stall asymmetrically as de-escalation awaits confirmation. Resilient, but still waiting for conviction. Sterling holds, but upside lacks conviction.

  • De-escalation bias still alive

    De-escalation bias still alive

    Markets pivot as geopolitical tensions ease. Up seven days straight. Sterling rally faces macro reality.