The US dollar (USD) has been the world’s main reserve currency for over 50 years, controlling international trade, commodity prices, and foreign exchange reserves. It provides stability, worldwide liquidity, and confidence in global finance. However,...
The dollar jumped yesterday on the back of rising rates as if despite the two dovish dissents by governors, yesterday’s FOMC meeting was a hawkish hold. It seemed to us that Fed Chair Powell referred...
With a US-Japanese deal in hand, and the prospects of an extended tariff truce between the US and China, many perceive some tail risks associated with the US foreign economic policy have diminished. This has...
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...
The US dollar is trading quietly in a mixed fashion, mostly confined to the ranges seen at the end of last week. This could prove to be a pivotal week. The weakness in the US...
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...
As some market pundits were debating about a possible grand deal between the US and China. In exchange for a lighter tariff regime, Beijing would accept yuan appreciation. As far-fetched as such scenario may be,...
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....
A nervous calm hangs over the markets as the US goes to the polls. The proximity of the presidential contest warns that the results may not been known as soon as people hope. Indeed, many...
The US dollar is mostly firmer today ahead of what promises to be an eventful week. Sterling is bearing the brunt today, off a little less than half-of-a-cent as expectations creep up of a rate...
