Analysis Reports
USD/JPYResearchRangeMarket analysis / Oct 6, 2026Inside the 261bp Wedge Between USDJPY and Its Own CarryUS 2s10s at +49bp with the 10-year at 5.273%. A 261bp gap between USDJPY and its 10-year carry — curve, carry and...
USD/JPYResearchRangeMarket analysis / Oct 5, 2026The Bond Reset: Curve Normalisation and the 253bp USDJPY GapUS 2s10s at +48bp with the 10-year at 5.303%. A 253bp gap between USDJPY and its 10-year carry — curve, carry and...
USD/JPYResearchRangeMarket analysis / Oct 4, 2026257bp Rich: The Case Against Chasing USDJPY HereUS 2s10s at +45bp with the 10-year at 5.275%. A 257bp gap between USDJPY and its 10-year carry — curve, carry and...
USD/JPYResearchRangeMarket analysis / Oct 3, 2026Normalisation Without Relief: The USDJPY Carry Trade in 2026US 2s10s at +45bp with the 10-year at 5.275%. A 257bp gap between USDJPY and its 10-year carry — curve, carry and...
USD/JPYResearchRangeMarket analysis / Oct 2, 2026537 Days Inverted, Then This: The Bond Market’s New RegimeUS 2s10s at +44bp with the 10-year at 5.176%. A 267bp gap between USDJPY and its 10-year carry — curve, carry and...FXResearchRangeMarket analysis / Oct 1, 2026PULSE: Trading risk includes the machineryA strategy does not trade a chart. It trades through queues, limits, acknowledgements and a finite capital budget. A compact operating checklist...
USD/JPYResearchRangeMarket analysis / Oct 1, 2026Curve, Carry, and the 264bp Gap: A Full Bond-Market ReadUS 2s10s at +46bp with the 10-year at 5.251%. A 264bp gap between USDJPY and its 10-year carry — curve, carry and...FXResearchRangeMarket analysis / Oct 1, 2026PULSE: A hedge replaces one risk with anotherRisk in systematic trading is rarely one number. It is a chain of assumptions that must remain true at the same time....FXResearchRangeMarket analysis / Oct 1, 2026PULSE: Leverage converts market noise into account riskThe dangerous trading system is not always the slow one. It is often the fast one whose risk state is wrong. A...FXResearchRangeMarket analysis / Sep 30, 2026PULSE: Production risk starts where the backtest endsProduction risk starts where the backtest ends is easy to describe and harder to operate. The gap between the two is where...FXResearchRangeMarket analysis / Sep 30, 2026PULSE: Bad timestamps can invent HFT alphaThe dangerous trading system is not always the slow one. It is often the fast one whose risk state is wrong. Bad...FXResearchRangeMarket analysis / Sep 30, 2026PULSE: Order type is a risk decisionThe dangerous trading system is not always the slow one. It is often the fast one whose risk state is wrong. Order...Chat with XTRSK
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