FX crosses, the dollar cycle, pegs and intervention.
6 report(s) in the archive
The greenback weakened even as bond yields and oil held elevated, an unusual combination that points to doubts about US fiscal footing.
The dollar wobbled after investors balked at the US Treasury's efforts to shore up markets, even as Asian shares closed the week on a downbeat note.
Strategists say the 10-year yield's climb has yet to reach the pain threshold that historically triggers a broad equity de-rating, even as the dollar grinds higher and duration-sensitive dividend names come under scrutiny.
Equities continue to absorb an upward drift in long-end Treasury yields, with Strategas arguing the ascent must go considerably further before it forces a selloff. A mostly firmer but range-bound dollar and renewed focus on dividend sustainability across telecoms, REITs and payments underscore a market repricing duration rather than direction.
A sharp retracement in the silver price cuts directly into the input cost base of the world's largest jewellery producer by volume, opening a gross-margin box the market had priced as a headwind.
Falling silver prices are reversing one of the most acute cost pressures on Pandora, whose product mix is heavily weighted to sterling silver. The move illustrates how commodity volatility is now a first-order driver of consumer-discretionary earnings revisions rather than a background variable.
The token trades near a 52-week low around $1 with analysts arguing valuation remains unattractive even after the drawdown, signalling continued unwinding of speculative crypto positioning
XRP is trading near a 52-week low of approximately $1, with commentary suggesting the asset may not represent value even at that level. The decline reflects broader risk-off dynamics in digital assets and stands in contrast to resilient equity index levels.
Sterling firmed against a weaker dollar following a soft U.S. employment report, while the Sentix survey showed euro zone investor sentiment moving into positive territory in August.
Japan recorded its first current account deficit in nearly a year and a half, while BOJ minutes showed policymakers discussed a faster pace of rate hikes and executives pressed for currency stability.