EUR

EUR - reality check

In our view, the market is likely to be reluctant to rebuild large, long positions in the EUR in the months ahead.

We maintain the view that EUR/USD will struggle to regain the directional uptrend that was in evidence for much of last year

This month the DXY dollar index has traded at its highest levels since last spring, which begs the question of whether the greenback has entered into a cyclical upswing.

Exclusive USD - haven or currency of choice?

Over the past few months, the USD has been driven both by safe haven flows and by a change in market expectations regarding Fed policy.

Exclusive EUR - inflation vs. growth

The ECB is the next G10 central bank to step into the spotlight this month with its policy meeting today

Exclusive GBP - placing bets

The ECB is widely expected to hike rates on June 11 by 25 bps. On June 18, the BoE is widely expected to leave policy on hold.