Three-Day Reprieve for Canada from US Tariffs north The US dollar remains on the defensive. It is lower against the G10 currencies but the Australian dollar, which is nursing a small loss. By a narrow margin, the Japanese yen is leading pack, though the greenback has held above JPY159 in Europe. The Canadian dollar is firm and testing [...]
The Dollar is Mostly Firmer but in Narrow Ranges north The US dollar is mostly firmer against the major currencies. The Australian and Canadian dollars are the exception, but their gains are minor. Still, the Canadian dollar’s resilience in the face of the US tariffs it faces first thing tomorrow is notable. While some progress has been reported, [...]
Allocation Update - Q2 2026 north Q2 2026 carried forward our focus on advancing Ethereum’s resilience and capabilities, supporting key work in zero-knowledge proofs, client diversity, formal verification, and open-source tooling. See the list below of the projects and ecosystem efforts supported this quarter as builders build [...]
Dollar's Losses Extended, but Stabilizing Ahead of the North American Session north The US dollar continues to trade heavily after the series of softer than expected data since the loss of US jobs in July. The stabilization of price pressures and the decline in retail sales have seen the market downgrade the chances of a rate hike next month. At the end of July, the market [...]
Announcing the Platåberget Testnet north tl;dr: Meet Platåberget: Glamsterdam's (Gloas + Amsterdam) early testing ground open to public participation. This upgrade comes with breaking changes for application developers. Notably, any tool that relies on a hardcapped maximum gas limit (think wallets, indexers and gas estimators) will [...]
Week Ahead: Downward Data Surprise Stretch the US Dollar's Momentum Indicators north The combination of a loss of US jobs in July and softer inflation gauges, and an unexpected decline in July retail sales saw the derivatives market downgrade the chances that the three hawkish dissents last month will manage to convince their colleagues to hike rates at next month's FOMC [...]