The dollar’s latest leg down began with the President Trump’s heightened attacks on the Federal Reserve’s conduct of US monetary policy on June 23. That move may be over. Perhaps helped by stronger than expected...
The US dollar has steadied today after yesterday’s shellacking that saw it fall to new multiyear lows against the euro and sterling and 10-year lows against the Swiss franc. The news stream is somewhat more...
Investors are shifting away from the US dollar in response to Trump’s aggressive tariff policies and new confidence in the eurozone. Could this be the euro’s moment to shine? The euro has surged over 10% against the...
The dramatic price action in throughout the capital markets after last week’s US tariff announcements, China’s retaliation, and yesterday’s US threat of another 50% tariff on China has calmed today, in a nervous way. Indeed,...
With Japanese markets closed for a national holiday, the dollar was offered in early turnover today, and its recent losses were initially extended against several currency pairs. However, it recovered and early losses were pared...
Escalating tensions in Europe and comments from Bank of Japan Ueda that spurred speculation of a December hike are the main drivers of the foreign exchange market today. The yen is the strongest of the...
Most of the jobs Ford intends to cut will be in Germany with some 2,900 layoffs expected. The US carmaker urged Berlin to set a “clear policy agenda” to promote electric cars amid a slump...
The dollar continues to ride high. It is up 0.20%-0.50% today against the G10 currencies. Most pairs have extended last week’s moves. The Dollar Index, which was near 100 in late September is approaching 106.00....
Recent decisions by US tech giants to withhold their latest artificial intelligence (AI) models from the European market have raised concerns over the level of regulation now impacting tech firms in the bloc. Oleg Stavitsky...
A shortage of skilled labor is a problem in many developed economies, but it has become acute in the UK — particularly in England. The country’s new government is targeting a reset. The United Kingdom...
The calls earlier this week for an emergency rate cut seemed to be a call for the Fed put, which, we argue is misunderstood. It is not about the stock market per se but financial...
The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week that the dollar has not fallen below the previous day’s low and...
