Risk-On Macro Regime: Lower Oil, Yields, and Dollar Drive Multi-Asset Rally — Leverage Impact Across Forex, Equities & Commodities
A classic risk-on macro regime — lower oil, yields, and dollar lifting equities and commodity FX — is live across markets; GBP/USD trades at $1.3400 with a 100-pip session range that translates to 37%+ swings at 100x leverage, while the key risk is whether oil weakness signals easing geopolitics or deteriorating demand.