USD flows: US data dump leaves dollar stalled

May 28, 2026 12:55 PM UTC

Overall, downside surprises out of the latest batch of data, further neutralises the minor o/n dollar bid
US2s pegged back though still more focused on Iran/oil

USD flows: Ruling reminds of midterm election risk after the summer

May 28, 2026 11:12 AM UTC

Judge ruling a small reminder of disruption risks into midterms
Historic tendency for drawdowns may be a blunt tool given unique current dynamics
But it still reminds that this could be a disruption for equities, and the dollar one way or another