On Monday, the United States and Russia voted against a European-backed resolution at the United Nations General Assembly that condemned Moscow’s “full-scale invasion” three years ago. Later, the two sides reached their first agreement at the Security Council since the war began, approving an American resolution calling for a “swift end” to the conflict without […]
As the dollar’s rally has paused and US President Donald Trump’s initial tariff offensive has not been as severe as earlier expected, investors’ interest in emerging market stocks in Asia is heating up. In the five days up to Friday, fund managers snapped up more than $700 million worth of stocks in developing Asian countries […]
After their bullish yen trades were put to the test last week, hedge funds are again betting that the yen will outperform other major currencies in the coming months. Traders said that so-called macro hedge funds, which try to profit from market volatility triggered by political or economic events, continued to buy call options on […]
As the outlook for the euro zone economy darkened and the conflict between Russia and Ukraine could compromise in the direction of European interests, EUR/USD has remained weak in the recent period. After overcoming the resistance of 107 and 107.30 in a row, the dollar index also did not make a clear break. The trend […]
MillTechFX, a subsidiary of currency management firm Millennium Global Investments Ltd., conducted a survey of senior finance executives in the US and the UK in January. The survey found that more than three quarters of senior finance executives suffered losses last year due to unhedged currency risks. This damage to profits has led companies to […]
Data released by the People’s Bank of China on Friday showed that the total amount of foreign currency deposits in and outside the country rose by nearly 40 billion U.S. dollars in January, marking the largest monthly increase since April 2021. The data indicated that both residents and non-financial enterprises increased such savings. The Bank […]
Investors are creatively betting on the differences in interest rate trends among major economies, seeking ways to hedge against dollar volatility and using European currencies to bet on the yen. Donald Trump’s trade tariff plan has brought uncertainty to the market, and the dollar’s strategy is facing a test. Investors are questioning whether the US […]
On the first day of the semi-annual congressional hearing on monetary policy, Federal Reserve Chair Jerome Powell reaffirmed that the Fed is in no hurry to cut interest rates and also restated that President Trump has no right to fire him or other Fed policymakers. When testifying before the Senate Committee on Banking, Housing and […]
Due to market concerns over the uncertain implementation effect of Trump’s subsequent tariff policies, while the US dollar has been rising, gold has also continued to set new historical highs. On Tuesday (February 11th), in the Asian market, the US dollar remained around 108.40, while the gold price refreshed a new historical high above 2940. […]
The US dollar rebounded from around 107.60 to the 108.40 level after the non-farm payroll report last Friday (February 7th), as the one-year inflation expectation in the US unexpectedly rose to 4.3% and the progress of Trump’s tariffs. The number of non-farm payrolls in the US dropped significantly in January, but the unemployment rate also […]