• What are we seeing on dollar and positioning among macro investors?
    Avril Hong
  • Ruth Carson
    As geopolitical tensions flare up in Europe, the dollar is under pressure. On a larger scale, we're looking at a de-dollarization theme continuing.
  • What are we expecting in terms of positioning on Treasuries?
    Shery Ahn
  • Ruth Carson
    Bond investors are weighing tariff risk and the Supreme Court decision, as well as the next Fed chair and policy path. Treasuries are in the crosshairs.
  • Is the snap election a sign macro traders are using to sell the yen?
    Avril Hong
  • Ruth Carson
    The yen at 158 is cheap, unanimous. But you'd be brave to buy it. Options traders are pricing about a 40% chance the yen hits 165 before June.
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