Why is the US dollar doing so well?

Despite gung-ho central bank policy, the US dollar remains elevated.

A Change of Tides, a Change of Themes

Macro themes continue to keep investors guessing.

Sterling Takes a Tumble

Sharp losses in all GBP pairs.

The Financial Crisis Goes On and On and On...

The severe lack of credit around the globe and the unwillingness of banks to lend capital to their clients as well as each other have been dubbed the “credit crunch” by the media. 

The securitisation of sub-prime US mortgages and their subsequent re-sale and collateralisation has led to far reaching problems for the vast majority of businesses and investors around the world.

Security Over Higher Yield

Investors have been taking cover from risk and volatility in stock, bond, property and credit markets by holding cash in preference to other assets.