The Dollar is Firm Ahead of January CPI north The US dollar is firm against the G10 currencies ahead of the US January CPI. The week began with news that Chinese officials were encouraging de-risking from US Treasuries. Helped by stronger than expected January employment data, the greenback pared its losses. Separately, and counter- [...]
Executive Leadership Update north Today, we are announcing a transition in the executive leadership team at the Ethereum Foundation. After extensive contributions to the Foundation’s mission and operations, Tomasz Stańczak has decided to step down from his role as Co-Executive Director. The Foundation’s Board has appointed [...]
An update from Tomasz north tl;dr I am stepping down from my co-ED role at the EF at the end of February 2026. Bastian Aue is taking over the co-ED role alongside Hsiao-Wei. The future is bright for builders, for Ethereum, for the EF, and for me....
Consolidation Featured after Yesterday's Big FX Moves north The general tone in the foreign exchange market is one of consolidation after yesterday’s stronger than expected January jobs data injected volatility into dollar trading. The news stream is light and tomorrow the US reports January CPI. Japan’s markets re-opened after yesterday’s holiday and [...]
US Jobs Data Due while the Confrontation with Iran is Approaching a Climax north The US dollar is softer against all the G10 currencies. The powerful short squeeze continues to lift the yen, though Japan was on holiday today. Defying expectations, the yen, and Japanese bonds have rallied since the LDP’s sweeping electoral victory. The combination of a stronger yen and [...]
Greenback Consolidates after Yesterday's Shellacking north After yesterday’s sharp losses, the US dollar is mostly consolidating with a firmer bias against the G10 currencies. The yen is the exception. The unexpected post-election gains have been extended through the local session and the European morning. The very long-end of the Japanese yield curve [...]