Kevin Ford, FX and Macro Strategist

Cooling core inflation faces war risks. CAD’s ‘exceptionalism’, for how long? Next test sits near $1.35.

Is the ‘Trump put’ back in play? Rebounds from four-month low. Momentary relief.

Duration and degree.

Weak jobs report caps Dollar advance. Comparatively resilient. Why is the euro under pressure?

Markets reprice risk as endgame stretches out. Energy trade persists, credit fears mount. Geoeconomics stall emerging markets.

Domestic economic realities test the limits of the Iranian campaign. Driven by divergence. Hurt by fly-to-quality.