The End Game has arrived
Shocks from covid and the war in Ukraine have forced the global financial and political world to change, but what will the end game be?
Head of FX Strategy
Summary: The RBA’s Lowe caved on his former optimism in a speech overnight and we wake up to a crushed Aussie. Elsewhere, the yen also came back overnight, following US Treasury strength and it all feels like a bit of a theme shift toward risk-off.