Preliminary August PMI Show Many are Coping with US Shock north Overview: The broad consolidative tone in the foreign exchange market is continuing today even though nearly all the preliminary August PMI readings showed improvement, including the first time since Russia's invasion of Ukraine that the eurozone's manufacturing PMI is above the 50 boom/bust [...]
The Celo Foundation Promotes Elizabeth Peng to Chief Operating Officer north Today, the Celo Foundation is proud to announce the appointment of Elizabeth Peng to Chief Operating Officer (COO), where she will lead and operationalize Vision 2030, an ambitious agenda to usher in the next phase of critical adoption and growth across the Celo blockchain and ecosystem: [...]
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 [...]