3 Conviction Trade Ideas – Monday 12th May A 90‑day suspension of tit‑for‑tat tariffs between Washington and Beijing has jolted global FX markets into a classic “risk‑on” rotation. Carry and commodity currencies—led by the Australian and Canadian dollars—have surged, while traditional havens such as the yen continue to unwind last month’s defensive premium. Simultaneously, the Federal Reserve’s hawkish...
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