Our bottom-line view based on the snap elections thus far is that this is a temporary modestly EUR/USD bearish factor rather than a...

PPI has often given us a 3–6 month preview of turns in CPI cycles (secondary sector inflation sheds light on core goods, and tertiary...

**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar sees U.K. and Canada retail sales, U.S....

USDMXN churns within a range, making lower lows. The desk saw decent two way interest throughout the session with a mix of client types...

It's not news to see the loonie trading detached from energy prices, the chart below shows the 120-day correlation coefficient dropping...

The NA session has seen a bid in USD, which is now posting gains of 0.3% on the day. The G10 is led by oil sensitive currencies, while...

**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar sees jobless claims, housing starts, building...

**As seen in Risk In The Week report 06/14/24, subscribe at cablefxm.co.uk/reports It was debated whether the SNB would cut rates or not...

The head of the SNB is obviously quite sure that there will be no domestic inflation drivers that could act independently of exchange...

USDMXN traded heavy with some supply from Real Money and Hedge Fund names throughout the day. It's a case of no news is good news in MXN,...

The implied probability of a Trump win in the November 2024 election has increased, according to data from PredictIt. This has widened...

**As seen in Risk In The Week report 06/14/24, subscribe at cablefxm.co.uk/reports Prices in the U.K. eased to 2.3% from the prior 3.2%...

**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar sees U.K. inflation, EU current account, U.S....

**As seen in Risk In The Week report 06/14/24, subscribe at cablefxm.co.uk/reports The RBA left its Cash Rate Target unchanged at 4.35%...

**As seen in Risk In The Week report 06/14/24, subscribe at cablefxm.co.uk/reports U.S. retail sales slowed to print flat in April from...

NAB’s very preliminary forecast for Q2 Trimmed Mean CPI is 0.9% q/q, one tenth above the RBA’s May SoMP forecast of 0.8%. We think this...

With US presidential election five months away (i.e. on 5-Nov), activity in November options appears modest vs contracts in its vicinity,...

**As seen in Risk In The Week report 06/14/24, subscribe at cablefxm.co.uk/reports This week: U.S. Retail Sales RBA Cash Rate Decision...

Our measure of the dollar, the Cable FX Macro Dollar Index, posted marginal losses this week. Price action was contained into risk events...

Figure 10 highlights relative positioning in a favored carry structure, relative to spot, which does indeed suggest that positioning will...