Greenback Recovers Despite New Threats on the Fed and Stronger UK and Chinese GDP north (A business trip will disrupt the daily commentary tomorrow and next week, but the weekly analysis will be posted here on April 18 and the May monthly note will drop on April 25. Thank you for your patience, and good luck). The Dollar Index did not snap its losing streak yesterday but extended [...]
ETH Rangers Program Recap north In late 2024, the Ethereum Foundation, together with Secureum, The Red Guild, and Security Alliance (SEAL), launched the ETH Rangers Program, an initiative to provide stipends for individuals doing public goods security work in the Ethereum ecosystem. The goal of the program was [...]
The Greenback is Poised to Snap Losing Streak north The US dollar is enjoying a firmer bias today. The Dollar Index is threatening to snap a seven-day decline. President Trump has held out the possibility that the “war is close to over”. Yet the improved risk appetites in recent days reflects the market anticipating this. A new round of US-Iran [...]
Optimism Weighs on the Greenback north North American participants shrugged off the pessimism seen in Asia Pacific and Europe yesterday after the US-Iran negotiations broke down over the weekend. The optimism was contagious and reports that another round of negotiations are being contemplated during the ceasefire that expires next [...]
Restrained Risk-Off north The collapse of US-Iran negotiations and the US threat to blockage Iranian ports presents an escalation in the conflict that the market’s did not anticipate. Equities and bonds are lower, and the dollar is mostly firmer. However, so far, the moves appear restrained. Iranian oil has largely [...]