Author: Dan Dorrow Faros was stopped out two carry trade ideas that fell victim to USD’s ongoing, global upsurge catalyzed by USD/JPY’s push through 100 last week. Our paper loss on a March 20th sell-USD/CLP …more
As the calendar turns toward Memorial Day, it is the high season of professional sports in the United States. The NHL and NBA are paring their ranks in the march toward crowning new champions, while …more
Understandably there is a lot of attention on the USD move of late and the real believers in the move have all emerged from hiding to support their views while the USD bears retreat to …more
There hasn’t been any data to report on really, but interestingly in spite of a much stronger CNY fix -99pips lower to 6.1997 surprising bank estimates, the dollar rally appears to remain intact as much …more
The highlights of a relatively tame NY session were centered on the latest insights in to the US economy. Jobless claims took an unexpected bump higher while housing starts faltered compared to expectations. CPI came …more
Author: Dan Dorrow Last night, Faros held a research dinner with an Istanbul-based expert on Turkish politics and economics, Atilla Yesilada. Below are selected takeaways in two categories: politics/geopolitics and economics/strategy. Politics / Geopolitics Syria …more