Kiwi Pounded on Dovish Guidance by RBNZ and UK Gilts Rise despite Higher than Expected CPI north Overview: Leaving aside the New Zealand dollar, which has been tagged for more than 1% after the dovish forward guidance following the central bank's well-telegraphed rate cut, and the Australian dollar, which has been dragged lower after yesterday's poor price action, the G10 currencies are [...]
Trillion Dollar Security - Phase 2 north Since announcing the Trillion Dollar Security project, we have surveyed the ecosystem to understand which improvements are highest priority to every layer of the Ethereum stack and community. Now it is time to begin the next phase of this initiative: acting on the highest priority issues we [...]
Market Takes Developments in Stride north Overview: Capital market activity is subdued. The US dollar and the dollar-bloc currencies ae mostly a little softer, while the other G10 currencies are around 0.1-0.2% firmer. Emerging market currencies are mixed with central European currencies mostly firmer, though the Russian ruble is the [...]
Dollar Consolidates as Market Awaits Fresh Incentives north Overview: The US dollar is mostly consolidating today in quiet turnover. Among the G10 currencies, the dollar-bloc, which underperformed before the weekend, are firmer today, while the other G10 currencies are softer. The focus is not so much on data today but on the meeting in the White House [...]
LEASH v2 – Community Update: Vote Extension, Exchange Outreach, and Build Progress north The attacker (or former dev) keeps triggering rebases to make a point. From what it looks like, those who did vote favored Snapshot + Burn-to-Mint — so those attempts won’t work against the direction the community is choosing. 1) DAO vote: turnout + 24h extension The first vote completed with [...]
Week Ahead: Will Jackson Hole Confab Show more of the Fed's Hand? north The US dollar continued to unwind last month's gains. Last week it fell against all G10 currencies, but the dollar bloc. It was more mixed against emerging market currencies. The Argentine peso was the best performer, gaining 2% but the Argentine political and economic conditions appear [...]