Region: North America

  • US Dollar moves out of character

    US Dollar moves out of character

    Don’t call it a comeback yet. Worst day for US stocks and dollar in years. It’s the euro that’s been “liberated”. Pound (and penguins) stand proud.

  • Promises made, promises kept

    Promises made, promises kept

    Loonie breaks below 1.41 post April 2nd. Trump opts for shock therapy. Euro enthused by Europe’s vow to retaliate. A Brexit dividend at last.

  • The much-hyped April 2nd is here

    The much-hyped April 2nd is here

    Are tariffs priced in? Does an awful April await the dollar? Betting on euro strength despite tariff threat. Sterling looks sturdy.

  • Markets brace for reciprocal tariffs impact

    Markets brace for reciprocal tariffs impact

    Checking in on the auto industry. Uncertainty likely to persist beyond Liberation Day. Euro held back by softer inflation. Lacking directional conviction.

  • Tarrified

    Tarrified

    Stagflation fears rock dollar. Tariffs are backfiring for the U.S. Euro pounces on US weakness. Tariff resilience underpins positive pound view.

  • Risk-off sentiment builds ahead of April 2nd

    Risk-off sentiment builds ahead of April 2nd

    Equities flat after volatile session. Up for now, risks remain. A contrarian signal. Hedge against tariff noise.