The Dollar commences the new week and new month displaying a mixed performance. Following the pre-weekend surge, there have been additional gains; however, a consolidative tone has now taken hold. The greenback maintains its strength against the Canadian dollar, Norwegian krone, and Swiss franc. It is almost unchanged relative to the yen. Emerging market currencies Read More
The dollar maintained its strength on Monday as investors considered the implications of a Federal Reserve led by Kevin Warsh, particularly his inclination towards a reduced balance sheet. The yen has regained attention among traders, following remarks from Japanese Prime Minister Sanae Takaichi over the weekend, where she highlighted the advantages of a weaker yen Read More
The market continued to bolster the dollar’s recovery following Treasury Secretary Bessent’s remarks to the audience, emphasizing that the US consistently advocates for a strong dollar. However, the market appeared skeptical of the administration’s stance, which seemed to provide verbal support for Japan at the end of last week. The president expressed a lack of Read More
The dollar experienced an increase on Friday, mitigating its weekly decline, following comments from U.S. President Donald Trump regarding an imminent announcement of his nominee for the Federal Reserve chairmanship, coupled with optimism that Washington will prevent a government shutdown. Trump announced his plan to reveal his choice for the successor to Fed Chair Jerome Read More
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
