The dollar and oil continue to show strength. The market has shown a subdued response to President Trump’s announcement late yesterday regarding the extension of its commitment not to target Iran’s energy infrastructure for an additional ten days (April 6). Simultaneously, reports suggest that the US is evaluating the possibility of deploying additional troops to Read More
The dollar rose to multi-month highs on Friday as investors sought protection amid escalating Middle East conflict and uncertainty about deescalation. After another rollercoaster week, U.S. President Donald Trump again paused strikes against Iran’s energy facilities into April, despite Washington and Tehran’s conflicting diplomatic progress reports. As reported on Thursday that the Pentagon may send Read More
Currency markets exhibited signs of exhaustion during Asian trading on Wednesday, as traders remained wary of U.S. President Donald Trump’s attempts to resolve the conflict with Iran. Despite Trump’s assertions at the White House regarding progress in discussions with Iran, Tehran has refuted claims of any direct negotiations, leaving investors in a state of uncertainty. Read More
The dollar experienced significant declines against major currencies on Tuesday, marking a tumultuous beginning to the week following U.S. President Donald Trump’s decision to postpone the bombing of Iran’s power grid, a development that eased concerns over a potential extended conflict in the Middle East. Trump stated on his Truth Social platform that the U.S. Read More
The market appeared to have an exaggerated response to the central bank meetings this week. The market interpreted Fed Chair Powell’s remarks as more hawkish compared to the FOMC statement, resulting in a significant increase in the dollar’s value. Yesterday, there was an excessive reaction to the Bank of England and European Central Banks, leading Read More
The US dollar experienced a significant rally during the Federal Reserve’s press conference yesterday, as interest rates surged in reaction to what many interpreted as a hawkish stance, particularly in light of Chair Powell’s framing. Today, there has been a lack of significant dollar sales, yet the technical damage sustained across numerous pairs remains unrectified. Read More
The ongoing conflict in the Middle East suggests that investors might need to consider not only an increase in oil prices but also a more robust dollar than anticipated at the beginning of the year. The greenback has positioned itself as one of the most definitive “safe-haven” beneficiaries following the U.S.-Israeli strike on Iran on Read More
Amid ongoing tensions, there are reports of increased oil movement through the Strait of Hormuz, as well as through alternative pipelines that circumvent this critical chokepoint. President Trump is once more suggesting that the conflict may conclude soon. Second, Japanese Prime Minister Takaichi is in Washington today. It would be fascinating to observe as she Read More
Three key developments warrant attention. Initially, President Trump’s visit to China has been delayed by a minimum of one month. The White House associated it with the war efforts; however, earlier reports indicated that Chinese officials expressed disappointment regarding the insufficient progress in the preparatory efforts. The US administration indicated that the meeting might be Read More
The ongoing conflict remains a focal point, yet the dollar is experiencing a decline in value relative to the G10 currencies. April WTI is currently fluctuating within a $3 range on either side of $99 per barrel. The yields on US and European benchmark 10-year securities are slightly lower. While the markets may appear more Read More
