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As we await the next tariff news from the Trump administration, it is noticeable that some European currencies are outperforming. The Scandies, in particular, and some parts of the Central and...
This week's US dollar correction has not gone too far. Despite the heavy one-way positioning of the dollar, investors lack clarity on the timing of Trump’s tariff threats, preventing them from...
The Fed delivered a hawkish cut on Wednesday, signalling only 50bp of easing in 2025 and shifting to a more patient tone on easing. That has led to another US dollar rally, which we see extending...
European FX markets will today be monitoring how US asset markets react to the news that the Fed will not be renewing its Bank Term Funding Program. US regional banks will be in focus here. Elsewhere,...
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