When Donald Trump was sworn in as the 47th president of the United States, he declared the arrival of a new “golden age”. About 100 days into his second term, those investors who believed his words and bought gold reaped rich rewards. However, those who took his views seriously and bought large amounts of US […]
The fall of the US dollar on Monday helped support overseas currencies including safe-haven currencies such as the Japanese yen and the Swiss franc, as investors sold off US assets under Donald Trump’s policies – a trend that jpmorgan Chase expects to continue. The Bloomberg Dollar Spot Index dropped 0.5% as the trade deal failed […]
For years, it has been a profitable trade for investors in London, Paris and Tokyo: buy dollars and then invest the proceeds in stocks of the S&P 500 and Nasdaq indices. Not only have the returns on US stocks been far higher than those in domestic markets, but the steady appreciation of the dollar has […]
Deutsche Bank has warned that the US dollar will experience a structural decline in the coming years, which will push the exchange rate of the US dollar against the euro to its lowest level in more than a decade. Strategists George Saravelos and Tim Baker said that the negative impact of US tariffs, along with […]
After the US dollar rose for two consecutive days, foreign exchange traders are struggling to maintain their bearish positions on the dollar. Despite the Bloomberg Dollar Index falling to its lowest level since 2023 on Monday, it rose by 1% over the two days up to Wednesday, putting pressure on bets of a weakening dollar. […]
U.S. stock futures rose and the dollar strengthened after President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell and would not take a hard line in any trade talks with China. As of 7:10 p.m. New York time, the S&P 500 futures contract rose 2%, poised to extend the […]
Gold prices rose to a record high as investors sold off US stocks, bonds and the dollar amid fears that President Donald Trump might fire Federal Reserve Chair Jerome Powell. Gold prices soared by 2.9% on Monday, breaking through the $3,444 per ounce mark. Trump’s call for the Federal Reserve to cut interest rates immediately […]
After US President Donald Trump’s criticism of the Federal Reserve raised concerns about its independence, the US dollar index dropped to its lowest level since January 2024, and US stock index futures also retreated. The dollar weakened against all major currencies on Friday after US National Economic Council Director Kevin Hassett said that President Donald […]
Data from Bank of New York shows that the US dollar has dropped to a six-month low, which seems to be a buying opportunity for long-term investors. This US-based company is one of the world’s largest custodian banks. Its tracking of capital flows shows that last week, institutional investors’ net inflow of US dollars reached […]
The traditional relationship between the US dollar and US Treasury yields is at its weakest in three years as investors reconsider the safety of US assets during times of stress. The reason for the rapid decline of the US dollar is that the trade war initiated by the Trump administration may lead to an economic […]