Dollar Stabilizes north Overview: After yesterday's jump, the dollar is mostly consolidating at lower levels today. The Scandis and euro are leading the recovery of the G10 currencies, the New Zealand and Canadian dollars, and yen are nursing small losses. Japanese Prime Minister Ishiba was not blamed for the [...]
The Greenback Surges While Rates Jump north Overview: A broadly stronger US dollar greets the returning North American participants from the long holiday weekend. The greenback has risen by 0.7% or more against most of the G10 currencies. The Norwegian krone and Canadian dollar have fared best and are off less than 0.2%. Sterling is [...]
Holešky Testnet Shutdown Announcement north As previously announced, the Holešky testnet has reached its planned end-of-life date and will be sunset shortly. The vast majority of remaining validator nodes will be shut down 2 weeks after the Fusaka upgrade has finalized on Holešky. After this, Holešky will no longer be supported by [...]
September 2025 Monthly north The Federal Reserve is poised to resume its rate cutting cycle in September. Markets briefly flirted with the idea of a 50-basis point move, but sticky core inflation, a larger-than-expected jump in producer prices, and firm retail sales have settled expectations at a quarter-point cut. The [...]
Chop Fest in FX Continues north Overview: Ahead of the long holiday weekend in North America, the US dollar is trading with a slightly firmer bias in narrow trading ranges. The drama around the Fed has intensified with FHFA Director Pulte sending a new criminal referral against Governor Cook regarding a third mortgage, while [...]