President Trump’s remarks caused a significant decline in the value of the dollar yesterday. The administration’s apparent indifference towards the recent sharp decline of the dollar has heightened market anxieties regarding a potential preference for a weaker currency. It comes after what seems to have been a form of verbal intervention aimed at bolstering the Read More
The dollar continued to face instability on Thursday, as uncertainty surrounding U.S. economic policies and geopolitical developments was only somewhat mitigated by encouraging remarks from the White House and European officials after a significant decline in the currency. On the monetary policy front, the Federal Reserve adopted a more optimistic stance regarding the U.S. labor Read More
Suddenly, the dollar is back on the slide, on an inkling that Washington is ready to use more than words to reverse its long-standing overvaluation in pursuit of a global trade reset. However, attempting to influence massive currency markets to undergo significant changes could lead to considerable complications. A relatively calm beginning to the year Read More
U.S. President Donald Trump stated on yesterday that the value of the dollar was “great” when questioned about whether he believed it had depreciated excessively, contributing to the downward pressure on the greenback, which reached a four-year low. The recent decline of the dollar can be attributed to several factors: the anticipation of ongoing rate Read More
The U.S. dollar experienced a slight increase on Tuesday but faced challenges in building momentum. Traders stayed vigilant for possible coordinated currency intervention by authorities in the United States and Japan, while also anticipating Wednesday’s Federal Reserve interest rate decision. The recent attention in the foreign exchange market has centered on the yen, which has Read More
The US Dollar experienced significant selling pressure at the beginning of yesterday’s trading session. The apprehension surrounding joint intervention follows the pre-weekend Fed assessment of rates, seemingly conducted for the benefit of the US Treasury, and highlighted by remarks from Japanese officials, including Prime Minister Takaichi. In the meantime, a further unfortunate death linked to Read More
Japan’s yen is experiencing a significant surge, leading to a decline in the dollar across various markets. Investors are on high alert as rate checks raise concerns about the potential for the first joint U.S.-Japan currency intervention in 15 years. Following a surge on Friday, prompted by the New York Federal Reserve reaching out to Read More
On Friday, the yen experienced a sudden strengthening, prompting market speculation regarding a possible rate check by authorities, which is frequently seen as a precursor to intervention. Meanwhile, the dollar was on track for its most significant weekly decline since June, as geopolitical tensions continued to unsettle investors. The yen was last observed slightly stronger Read More
The two sources of strain on the global capital markets have diminished. President Trump has retreated from military threats regarding Greenland and has decided against proceeding with the tariff threat on European countries set for February 1. Following a significant sell-off on Tuesday, reminiscent of the events in the UK during Prime Minister Truss’s tenure, Read More
The U.S. dollar maintained its overnight gains against major currencies on Thursday following President Donald Trump’s decision to retract a threat of tariffs on several European NATO countries, highlighting the framework of an agreement with NATO regarding control of Greenland. The safe-harbour Swiss franc faced pressure, declining significantly from a three-week high, as gold also Read More
