Nervous Consolidation Featured after the Asia Pacific Equity Rout was Extended north The dollar is trading a little softer today, but the tone is one of nervous consolidation. The market is digesting reports that Iran has reached out to negotiate the end of the war. The fog of war continues to cast a heavy pall over the markets, though there is a hope that the war can be [...]
UpDown Brings Leveraged FX Futures to Celo north The foreign exchange (FX) market moves more than $9.6 trillion every day. It is the largest financial market in the world, exceeding equities, bonds, and crypto combined. Yet for most people worldwide, access to the market is blocked by brokers, account minimums, and geographic [...]
The Dollar is the Only Game in Town north If this is World War 3, the world wants dollars. The greenback has is broadly higher but hardly anything else is. Other safe haven, like gold, the Swiss franc, and US Treasuries are lower. Equity markets have been sold off and the rally in oil is taking a toll on bond markets. The Middle East [...]
Dollar Jumps on War, but Treasuries are No Safe Haven north There is one fundamental driver today and that is the Middle East war. After finishing last week on a soft note, the greenback has rallied. It is up by 0.5% or more against most of the G10 currencies. The Canadian dollar, which often performs relatively better in a strong US dollar environment [...]
March 2026 Monthly north March seems to be more about the unfolding of current forces driving the capital markets, rather than new forces or policies. All the G10 central banks but the Reserve Bank of New Zealand meet in March, and none are likely to change policy. China formalizes its next Five-Year Plan. In the US, [...]