Back to Front Page21 AugustFX & RatesA record-crowded euro short keeps growing as the Fed's path firms, not eases
Hawk Thorne Research18 AugustFX & RatesLeveraged funds' euro short hits a three-year extreme as the dollar keeps sliding
Hawk Thorne Research30 JulyFX & RatesA dollar slide, not BoE hawkishness, is doing the work in sterling's rally
Hawk Thorne Research17 JulyFX & RatesFading Fed cut bets can't lift the dollar past a still-crowded euro short
Hawk Thorne Research17 JulyPolandA softer inflation print can't stop the zloty's slide to a 20-day low
Hawk Thorne Research14 JulyFX & RatesDollar shorts unwind even as short-end yields hit a 17-month high
Hawk Thorne Research13 JulyFX & RatesYen shorts are covering into a BOJ independence scare, not a rate call
Hawk Thorne Research10 JulyFX & RatesCanadian dollar shorts hit a record crowd just as jobs data beats
Hawk Thorne Research9 JulyFX & RatesCrowded dollar shorts leave EUR/USD and USD/JPY primed to snap back
Hawk Thorne Research9 JulyMacro & PolicyGold's rebound puts the Fed's hawkish minutes read back in question
Hawk Thorne Research9 JulyFX & RatesHawkish Fed minutes can't lift the Dollar Index off 100.90
Hawk Thorne Research8 JulyFX & RatesA hawkish cluster is building, but the Dollar Index hasn't noticed
Hawk Thorne Research8 JulyFX & RatesRBNZ delivers the hike it flagged, but the Aussie long is the one fraying
Hawk Thorne Research8 JulyMacro & PolicyGold's slide tests the rate-cut story the desk has doubted since 3 July
Hawk Thorne Research7 JulyFX & RatesJapan's strongest wage cycle since 1992 hasn't dented the crowded yen short
Hawk Thorne Research7 JulyFX & RatesA rate hike in New Zealand is about to collide with a growth scare in Australia, and the antipodean bloc may finally split
Hawk Thorne Research6 JulyMacro & PolicyGold's rally is no longer alone, but the bond market still won't sign off on it
Hawk Thorne Research5 JulyFX & RatesThe euro short just grew again, and that is the answer to the desk's own test
Hawk Thorne Research4 JulyFX & RatesTokyo escalates from warning to targeting speculators, and the yen short still hasn't blinked
Hawk Thorne Research3 JulyFX & RatesThe crowded euro short just met its falsifier, and the Treasury short-covering trade agrees with the squeeze
Hawk Thorne Research2 JulyFX & RatesThe payroll miss the desk's falsifier demanded just landed, and the crowded euro short is now the trade to watch unwind
Hawk Thorne Research2 JulyFX & RatesTokyo's intervention warning finds the yen short crowded and unhedged into payrolls
Hawk Thorne Research2 JulyFX & RatesThe euro short is now the most crowded trade on the board, and Friday's jobs data is the only thing that can unwind it
Hawk Thorne Research1 JulyFX & RatesEuro shorts build even as the front end of the Treasury curve stops betting on higher yields
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