GBPUSD Macro Review 10/25/19

GBPUSD ends this week roughly where it ended last week despite some volatility throughout the week.

The dollar rises on equity gains and a potential halt on interest rate cuts next week.

US yield curve makes no significant moves, but Gilts drop across the board.

UK inflation expectation continue their steep descent.

We see a sharp decrease in Dollar retail long bets.

Pound hedgers have also shifted to hedging a stronger Pound.

Leave a Comment