The surprise in the Congress composition has already taken a negative toll on the currency’s performance. In our view, the depreciation...

Recent macro data has placed the ECB in a good position that buys extra time to wait for more data on economic activity, inflation, and...

The chart below shows intramonth trading in G10FX/JPY. For those unfamiliar to JPY x-es, an upward trend (line rising) means the yen is...

Mexican peso 1w implieds record the largest upside over the last week, the tenor is up 4.4 vols to 12.470%. Front-end hedging demand has...

**As seen in Risk In The Week report 05/26/24,subscribe at cablefxm.co.uk/reports The prior quarter saw a rebound in Canadian output to...

**As seen in Risk In The Week report 05/26/24,subscribe at cablefxm.co.uk/reports The core PCE deflator rose by 2.7% Y/y in March, faster...

**As seen in Risk In The Week report 05/26/24,subscribe at cablefxm.co.uk/reports Eurozone inflation has dropped to levels closer to the...

**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar sees EU flash CPI, US core PCE deflator, Canada...

**As seen in Risk In The Week report 05/26/24,subscribe at cablefxm.co.uk/reports April China's manufacturing PMI printed at 50.4 vs the...

**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar sees Sweden GDP, Switzerland GDP, Eurozone...

**As seen in Risk In The Week report 05/26/24, subscribe at cablefxm.co.uk/reports March consumer prices rose by 3.5% Y/y, this was...

**As seen in Risk In The Week report 05/26/24, subscribe at cablefxm.co.uk/reports This week: Australia CPI China PMI EU Flash CPI U.S....

Our measure of the dollar posted a consecutive weekly decline, giving up 0.3%. We had seen gains into the FOMC minutes extend before a...

**As seen in Risk In The Week report 05/20/24, subscribe at cablefxm.co.uk/reports Japan headline CPI eased in March to 2.7% Y/y from the...

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

The Japanese rates space has been pressured since the start of the year, 2yr JGBs have risen an impressive 30bps YTD to reach the highest...

Monetary policy divergence like what we have seen in the BoJ-Fed has proven to be a strong directional driver of FX rates. The ECB is set...

A measure of Fed communications sentiment is turning higher or hawkish after the release of the May meeting minutes. The latest...

Nvidia; as expected; delivered strong EPS. The stock is up about 8.5%, which is largely in-line with the options-implied earnings move....

Given the latest inflation figures, this is certainly a big plus. Even though inflationary pressures are slowly easing, it is...