The Spectra Markets Library

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am/FX

2026 sounds like the future

AUDUSD will not trade in a range forever, right?

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am/FX

Rates, USD, XLE, plus

Plenty to talk about right now

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friday speedrun
Friday Speedrun

Apocalypse Later

Peak fear to sugarplums in two weeks

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am/FX

EURSEK etc.

EURSEK up/down

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highlights
am/FX

USDCNH put fly

Vols are low so this thing pays 9:1

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am/FX

Taking a shot at short USD

Sometimes obvious trades can be okay, when they’re not well-subscribed

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am/FX

BOJ, gilts, USD

This feels a bit like last December; some caution warranted if USDJPY gets to 153.70

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am/FX

RBNZ, USD, QQQ/BTC

Hawkish RBNZ worked. Once month end is over, the USD could fall.

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am/FX

Long NZDJPY and short USD

It’s finally time to go short dollars again (soon)

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am/FX

Calendar, RBNZ, UK budget+

Lots going on this week and a bias to keep buying dollars

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friday speedrun
Friday Speedrun

They rang a bell

It’s all gone Pete Tong despite okay results from NVDA and NFP

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am/FX

Fed probably has the votes to cut

Plus more

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The Macro Trading Floor podcast

Catch up with Brent Donnelly and Macro Alf every week on The Macro Trading Floor. Listen as they discuss themes that are moving markets, highlight important trade ideas, and get to the bottom of what’s going on in macro.

“am/FX is a must read for everyone who wants to
understand global macro trading.”

John Mauldin, Chairman
Mauldin Economics

50 Trades in 50 Weeks

One year of good ideas, dumb mistakes, and timeless trading lessons over a wide range of topics like tactics, strategy, mindset, risk management, and of course the psychology of successful trading. Watch real trade ideas come to life in real time.

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Tap into the wisdom of the most respected names in global markets. Connect theory to practice and advance your career.