Research category
FX Fundamentals
WatchTower Research on fx fundamentals: clear, practical explainers using the same data the terminal runs on across FX, metals and indices.
- How to Read Bank Research Consensus in FX Sell-side FX research is noisy and often wrong. Used well, the consensus across many banks is still a genuine edge. Here is how I read it, and how to avoid herding.
- The Carry Trade Explained: Earning the Rate Differential The carry trade is one of the oldest ways to make money in FX, and one of the fastest to blow up. Here is how it works, where the return comes from, and what kills it.
- What Moves the US Dollar The dollar sits on one side of most FX trades, so understanding it matters more than any other currency. Here are the forces that actually move it, and the dollar smile.