When President Trump took office earlier this year, investor sentiment was buoyed by expectations of pro-growth, pro-trade policies—leading to a rally in equities and a strengthening US Dollar. However, those hopes have since been undermined by a wave of protectionist rhetoric and action. In the lead-up to April, markets were rattled by tariff threats targeting […]
Market Report April 2025 Read More »
The EUR/USD pair appreciated steadily, reaching a five-month high of 1.09520 with a gain of approximately 5.30% before pulling back. This rally was fueled by expectations of accelerated Eurozone expansion following Germany’s announcement of a €500 billion investment in defense and infrastructure. Meanwhile, weak U.S. economic data and concerns over potential policy shifts contributed to
Market Report March 2025 Read More »
Notably, the CAD and MXN have come under increased pressure and have exhibited some erratic movements throughout the month. E.g. the USDCAD pair gapped up nearly 2% at the start of the month trading near 1.48 before falling back to 1.42 just days later: As a barometer of market stress, gold showed significant gains, especially
Market Report February 2025 Read More »
Despite deploying a wide array of strategic approaches, certain subsystems within our portfolio—particularly mean-reversion strategies—have faced challenges. These strategies typically thrive on currency pair retracements, but the persistent, unidirectional strength of the USD has limited these opportunities. Notably, pairs like AUD/USD, NZD/USD, and USD/CAD have experienced prolonged USD dominance with minimal reversals. This market behavior
Market Report January 2025 Read More »
It’s important to note that market recovery doesn’t follow a predictable timeline. In systematic trading, the idea that losses are immediately followed by rebounds is a myth. Our approach deliberately avoids “revenge trading” aimed at rapid recovery, focusing instead on achieving steady, sustainable performance over time. Even the best systems experience occasional underperformance—these periods are
Market Report December 2024 Read More »
With the election approaching and the Fed Interest Rate announcement on the calendar, this movement intensified, erasing 4% of EURUSD within just seven days. This so-called correlation breakdown is a rare phenomenon, usually associated with major market shifts and/or black swan events. During such events, the usual correlations collapse into one focal point, in this
R-50 Market Report November 2024 Read More »
