• Markets drift without data

    Markets drift without data

    No jobs report, no conviction. Euro’s sugar high fades. Held Up by rates, held back by growth.

  • Broad dollar losses on US shutdown

    Broad dollar losses on US shutdown

    Dollar derailed: shutdown stalls momentum. Breakout on hold, patience on trial. Receding political risk supports sterling.

  • US shutdown risk in focus

    US shutdown risk in focus

    Tentative turnaround. Highs hinge on a softer Fed. Pound rebounds but dollar still calls the shots.

  • Exceptionalism restored: Dollar back on top

    Exceptionalism restored: Dollar back on top

    Macro backdrop is dollar positive. Dollar drives, euro drifts. Sterling under stress as gilt yields surge.

  • Has the dollar found its floor?

    Has the dollar found its floor?

    Cautious Powell collides with growth resilience. EUR/USD floats on Fed uncertainty. PMI miss reinforces sterling’s fragile backdrop.

  • Flash PMIs to set the tone for markets

    Flash PMIs to set the tone for markets

    Balancing fiscal strains and data signals. Unconventional views. Euro anchored by diverging central bank tones.