The markets appeared to have faith in the assertions made by President Trump and Treasury Secretary Bessent, suggesting that China’s response through the expansion and intensification of export licensing requirements for essential materials was excessive, and that a de-escalation would ensue. However, this does not appear to be the situation. The prevailing risk-off sentiment has Read More
The dollar remained stable on Tuesday as U.S. President Donald Trump’s softened stance on tariffs regarding China and the prospect of a meeting with his Chinese counterpart generated optimism for a reduction in tensions between the two economic powerhouses. Currency markets exhibited stability during early Asian trading following a tumultuous session on Friday. This volatility Read More
Neither the US nor China have retreated from the precipice reached prior to the weekend; however, numerous market participants have determined that this represents a “escalation to de-escalate”. The foreign exchange market has reversed some of the price movements observed prior to the weekend. The dollar-bloc currencies and the Norwegian krone, which experienced declines prior Read More
The U.S. dollar rebounded from an early selloff on Monday as investors speculated that Washington might ease its recent intensification of the trade conflict with Beijing. Meanwhile, political events in France and Japan exerted downward pressure on the euro and the yen. The dollar index, which gauges the strength of the greenback against a basket Read More
The dollar experienced a decline on Friday following U.S. President Donald Trump’s threat to increase tariffs on China, which has reignited worries regarding the potential effects of the trade war on the U.S. economy. Trump indicated the possibility of canceling a scheduled meeting with Chinese President Xi Jinping and expressed concerns, regarding what he described Read More
The US dollar has shown signs of stabilization following yesterday’s notable surge. In light of the cautionary remarks from Japan’s finance minister, the yen stands as the strongest among the G10 currencies today, reflecting an approximate gain of 0.15%. The most sluggish underlying inflation in Norway over the past four months has impacted the krone, Read More
The US dollar’s recovery accelerated today, yet this has not prevented gold from surpassing the $4000-mark in the spot market. With the US government remaining closed and no visible discussions to resolve the situation, the dollar’s appreciation appears to be indicative of unfavorable conditions in other regions. In the aftermath of the recent leadership election Read More
The U.S. dollar experienced an increase, reaching its highest level in over two months during early Asian trading on Wednesday. This rise comes as concerns regarding a potential U.S. government shutdown escalated, leading to heightened investor anxiety and an increased demand for safe-haven assets. The dollar index, which assesses the strength of the greenback against Read More
The dollar has returned to a strong position. The asset is currently positioned close to its session highs as the European morning progresses. The ongoing French crisis remains unresolved, and the policy mix proposed by the incoming leader of the LDP, who is set to become prime minister, continues to exert pressure on the yen. Read More
Currently, there are two primary factors at play. The result of Japan’s LDP leadership contest indicates that the country will soon have its first female prime minister. She supports the conventional LDP policy framework, which includes expansionary fiscal measures and promotes a stance of easy monetary policy. The yen experienced significant volatility, paralleling the movement Read More
