• ECB to cut after Fed pause

    ECB to cut after Fed pause

    Technicals still not supportive. Fed not ready to pivot. Sterling indifferent to Reeves’ speech.

  • Fed set to pause rate-cut cycle

    Fed set to pause rate-cut cycle

    Dollar higher before the Fed. Past peak pessimism but no optimists in sight. Chancellor’s speech to guide sterling. It’s not what you do, but what you say.

  • Risk aversion as AI and tariff fears dominate

    Risk aversion as AI and tariff fears dominate

    Trump teases out policy plans. Revisiting policy rate divergence. Euro profits from AI shock. Pound slides from $1.25 amidst risk aversion.

  • AI worry and tariff risks roil markets

    AI worry and tariff risks roil markets

    Trump teases out policy plans. Euro’s profits from AI shock, fleeting. Pound slides from $1.25 amidst risk aversion.

  • Big week looming

    Big week looming

    Soft Trump bad for the dollar. Is Europe bottoming? GBP/EUR rebounds from 5-month low.

  • Dollar dumped, Japan hikes

    Dollar dumped, Japan hikes

    Japanese yen swings after rate hike. Dollar on for biggest weekly decline in months. Euro almost 2% stronger this week. Pound pounces on dollar weakness.