Dominant Theme - the energy shock is no longer a one-way oil spike, but it still controls the regime through inflation expectations, central-bank caution, and FX intervention risk. Easing oil and strong tech earnings improved risk appetite, while the Fed/ECB/BoE/BoC all kept policy restrictive enough to keep yields and inflation sensitivity at the center of FX.
Pro research
PRO RESEARCH
The preview stays open. Full Daily Research, trade ideas, risk maps, and saved workflows are included in Metavulus Pro.