Dow

Whether it be US data surprising on the upside, the US administration showing no concern at all with the strong dollar, or new chapters in the energy war in Europe, it looks like all systems are go for the dollar rally. Trying to pick a dollar top in the current climate is an exercise in futility. The dollar is clearly in the midst of a very powerful rally ...

We just saw another session of overnight volatility where the 30-year Gilt moved 50 bps (in the “right” direction this time). The markets moved at least twice overnight in response to “intervention” news. • Gilts bounced on news from the BOE that they will buy as many long-dated bonds as needed to calm the market. There are varying degrees of central bank ...