The Spectra Markets Library

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am/FX

UK Tops

Two or three times per year I like to zoom out and rank the relative yields

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am/FX

Four out of G10

Fed, ECB, BOJ, SNB, and Canadian vulnerabilities

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am/FX

Pushes or shakes, abruptly

Waller’s Bayesian updating of his 70% prior to cut begins at 10 a.m.

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am/FX

Long USDCHF

Adding long USDCHF today

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am/FX

Happy Thanksgiving

Going full nerd in today’s am/FX … I’m sorry (or you’re welcome!)

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am/FX

Mostly Canada

Tariffs are whatever you want them to be.

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Bessent Items

An orthodox reaction. Now what?

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am/FX

Odds and Ends

EURUSD didn’t wait long. US PMI today is interesting.

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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.

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