Divergent Markets
Every pair has two sides. We analyse both.
Recent posts
Newsletter
public
FX Weekly Update #2 - July 07, 2026
The event we had circled as the dominant two-sided risk broke against us this week. Nonfarm payrolls for June…
2 min read
Newsletter
public
FX Weekly Update #1 - June 29, 2026
The dominant force this week was the continued reverberation from new Fed Chair Warsh's hawkish FOMC debut — Bank…
2 min read
Newsletter
public
FX Macro Brief - June 18, 2026
Three big prints hit the tape this week, and all three move directly through our book. The BoJ hiked 25bp…
3 min read
Explore topics
