Dollar Slumps Ahead of the Employment Report north Overview: The focus is on US employment today. Weak jobs growth and a tick up in the unemployment rate are expected to spur the Fed's first rate cut of the year in a couple of weeks. Position adjusting ahead of the report has weighed on the greenback broadly and overwhelmed the unexpectedly [...]
US Jobs Data Key to Near-Term Greenback's Fate north Overview: The US dollar is firm against the G10 currencies today but is mostly trading inside yesterday's ranges. After yesterday's disappointing JOLTS report attention turns to the ADP estimate today, ahead of tomorrow's BLS report. The lack of follow-through selling after yesterday's losses [...]
Yield products keep disappointing investors north DeFi gold products deliver sub-1% yields while traditional finance earns 3%-5% on the same asset. Token printing and forced complexity destroy returns.
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 [...]
Webinar Recap: Payments on Solana - A Production-Ready Ecosystem north Institutions Webinar Recap: Payments on Solana - A Production-Ready Ecosystem Recap of the "Payments on Solana" webinar featuring Sheraz Shere and Ilan Gitter, covering why Visa, PayPal, and Worldpay are building on Solana across treasury management, remittances, neobanking, payouts, and [...]
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 [...]