Illustrative example — not live member data
Definition
What is What Changed in MacroDrivers?
What Changed is the MacroDrivers feature that surfaces meaningful changes in the macro picture since the previous official scoring cycle. It compares yesterday's analysis to today's analysis and highlights the differences — Currency Strength Score movements, classification changes, momentum shifts and changing macro factors. Rather than re-examining the entire framework each day, What Changed lets you focus on what actually moved and why, so your attention goes to the developments that matter.
The Core Idea
Focus on What Changed — Not Everything That Stayed the Same
Most of the macro picture does not change from one day to the next. What Changed isolates the meaningful differences so you can direct your attention efficiently.
Yesterday's Analysis
+24
Today's Analysis
+31
Meaningful Change
+7
Improving
Rather than re-analysing the full framework each day, What Changed surfaces the differences that matter — so you can quickly understand what moved and why.
What It Tracks
The Changes What Changed Surfaces
Four categories of meaningful change, each grounded in the same consistent scoring framework.
Currency Strength Changes
Which currencies saw their scores move since the previous cycle, by how much and in which direction — with concise analysis of the drivers behind each change.
Classification Changes
When a currency's classification shifts — for example from Neutral to Moderately Bullish — the change is surfaced so you can understand the shift in the macro backdrop.
Momentum Shifts
When a currency's momentum changes from Stable to Improving or Deteriorating, What Changed highlights the shift so you can track evolving conditions.
Changing Macro Factors
Which underlying macro factors — monetary policy, inflation, growth, labour, surprises — materially shifted, and what that means for the currency's overall position.
How It Fits
Where What Changed Sits in Your Workflow
What Changed is the change-detection layer — it tells you what moved. From there, you can drill into the specific currencies and factors that shifted.
Common Questions
What Changed, Explained
What does MacroDrivers What Changed show?
What Changed shows the meaningful score movements since the previous official scoring cycle — which currencies moved, by how much, in which direction and why. It surfaces Currency Strength Score changes, classification changes, momentum shifts and changing macro factors so you can focus on what moved rather than re-analysing everything from scratch.
How is What Changed different from the Daily Macro Briefing?
The Daily Macro Briefing gives you the current macro picture — where strength and weakness sit today. What Changed focuses specifically on what has materially moved since the previous cycle. The Daily Briefing tells you the state of play; What Changed tells you what shifted and why.
Does What Changed show every small movement?
No. What Changed focuses on meaningful changes — material score movements, classification shifts and momentum changes. Small fluctuations that do not materially change the macro picture are not the focus. This keeps the view actionable rather than noisy.
Is What Changed a trading signal?
No. What Changed is analytical intelligence that surfaces meaningful changes in the macro backdrop. It does not tell you what to buy or sell. A strengthening currency score reflects an improving macro backdrop, not a recommendation to go long.
Change Detection Intelligence
Focus on What Moved — Not What Stayed the Same
What Changed is available with a free membership for EUR and USD. Upgrade to unlock the full 8-currency change-detection view and the complete intelligence platform.