The Rising US Dollar Comes With 3 Key ImplicationsRuss Koesterich
The great unwinding of central bank stimulus means the US dollar is starting to rise, as markets relearn their price discovery role
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades weaker after comments from United States (US) Secretary of the Treasury Scott Bessent. Bessent said that US yields will drop lower even without the Federal Reserve (Fed) due ...
The US dollar reached an all-time low against the euro yesterday for the fourth straight day, briefly pushing the European currency above ＄1.33 before recovering slightly, amid concerns about the twin US deficits and the lack of any central bank action to stop the dollar’s decline. The doll...
EUR/USD: US Fed and trade-related headlines settling the trend The EUR/USD pair stayed under mild selling pressure for the second consecutive week, but settled on Friday at around 1.1350, pretty much unchanged from the opening. Investors are still wary about the US Dollar given the White Hous...
Has the centrality of the US dollar in the IMS cemented? The dominance of the US dollar in the IMS reflects its strong demand as a medium of exchange, store of value and unit of account. Inertia in demand rests in the natural advantage of the incumbent, e.g., the network externalities...
NEW YORK (June 26) Gold prices remain under pressure this morning as rising US yields and a stronger US Dollar weigh on the precious metal. It appears as though the US inflation release (PCE Data) on Friday has market participants cautious as they await
As the RMB exchange rate rises against the US dollar, attracting a lot of hot money into China to find opportunities for arbitrage, the result of excess liquidity has brought about overheated investment, rising house prices and the rise of resource prices, which has spread to all sectors of ...
Petrodollar recycling is the reinvestment of crude oil export revenue denominated in dollars. The dollar's status as the leading global currency preceded petrodollar's rise and has continued amid increased U.S. energy production and widening current account deficits. ...
The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is anactively-managed ETFthat goes long the U.S. dollar against a basket of developed andemergingmarket currencies. Invesco DB also offers its U.S. Dollar Index Bearish Fund (UDN), which shorts the dollar, and gains in value when...