The US dollar is predominantly exhibiting a narrow mix against the G10 currencies. Sterling stands out as the exception, currently down approximately 0.35% following the softer-than-anticipated CPI, which has ignited speculation regarding a potential rate cut. The 10-year Gilt yield has decreased by seven basis points, whereas the majority of European bond yields are showing Read More
The US dollar exhibits a stronger position today as it recovers from the pullback experienced last week. While the US 10-year yield remains predominantly below the 4.0% threshold, the yen has emerged as the weakest among the G10 currencies, declining approximately 0.70%. This shift follows Takaichi’s historic appointment as Japan’s first female prime minister, raising Read More
The balance between fear and greed is tilting in favor of the former today. The significant write-downs observed at several US regional banks come in the wake of the notable failures of Tricolor and First Brands. They capitalize on concerns regarding increasing late-cycle pressures. US bank reserves have declined past a significant threshold of $3 Read More
The U.S. dollar on Friday was poised for its most significant weekly decline since July, as rising concerns over trade tensions and indications of increasing risk within regional American banks prompted investors to seek refuge in safe-haven currencies such as the Swiss franc and the yen. Indicators of fragility were becoming apparent in the U.S. Read More
The US dollar is generally showing slight weakness as the North American session approaches. Participants appear to lack significant short-term conviction due to the increased tensions between the US and China, as well as concerns regarding political developments in France and Japan. The greenback has weakened against several pairs, showing some erosion of its recent Read More
The U.S. dollar experienced a decline on Thursday, influenced by the ongoing Sino-U.S. trade war that dampened investor sentiment. Additionally, increasing expectations regarding a potential interest rate cut by the U.S. Federal Reserve this year further pressured the greenback. The euro increased by 0.14% to $1.1664 in early trading, reaching a one-week peak. The yen Read More
The U.S. dollar experienced a decline against a range of currencies on Wednesday, following remarks from Federal Reserve Chair Jerome Powell that strengthened expectations for a series of interest rate reductions in the upcoming months. The yen and Australian dollar exhibited notable strength as both currencies continued their recovery from significant declines against the US Read More
The dollar is experiencing significant strength today. The currency exhibits a decline in strength relative to almost all global currencies. The persistent high trade tensions between the US and China remain the primary focus of discussion today. US rates were soft before Fed Chair Powell spoke yesterday and continue to remain soft, coinciding with market Read More
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
