GBPUSD Macro Review 12/06/19

Pound rises in anticipation of a Conservative majority forming on December 12th. Dollar had been down recently due to renewed trade war concerns, but rebounded on Friday labor numbers. Price of gold looks to test 137 levels again. Short-term Treasuries dip while Gilts see gains. We continue to see divergence on the longer term yields … Read more

GBPUSD Macro Review 11/15/19

Pound rises on news that seems to position Conservative Party ahead in the UK. Trade and impeachment uncertainty likely factors in Dollar declining. Both Treasury and Gilt yield curves decline, with exception of 6mo Treasuries which seem to level out. US inflation expectations drop. SP500 continues to gain while FTSE 100 drop for 2nd week … Read more

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 … Read more

GBPUSD Macro Review 10/04/19

Pound Dollar faces a week of uncertainty, ending roughly where it opened despite volatility throughout the week. Dollar declines on week but still hasn’t bucked uptrend. Pound hit support and looking to potential reversal. Rates move making headlines as October cut gets priced in, reducing US-UK differential across the board. Inflation expectations continue to drop … Read more