Greenback Slump Extended north Overview: The US dollar is under pressure. The losses seen yesterday have been extended against nearly all the G10 currencies. It is also lower against all the emerging market currencies but the Turkish lira and Russian ruble. There were some murmurings the Fed cutting 50 bp next month, and [...]
RBA Delivers Dovish Cut, UK's Labor Market Stabilizes, Attention now US CPI north Overview: There were three highlights for today and two, the rate cut by the Reserve Bank of Australia and the UK's labor market update are behind us. The Reserve Bank of Australia delivered a dovish cut after last month's hawkish hold. It signaled scope for two more rate cuts. The UK's labor [...]
🚨 LEASH Investigation – How Supply Changed Despite “Renounced” Claims north TL;DR * On August 11, 2025 the LEASH total supply increased ~10% (≈10,765 tokens) despite years of messaging that supply was fixed and rebasing was disabled. * The cause was a still‑wired rebase pathway (via pre‑authorized contracts) that survived ownership renouncement and continued to [...]
Greenback Steadies Ahead of Tomorrow's CPI north Overview: With Japanese markets closed for Mountain Day and a quiet summer Monday in Europe, activity in the foreign exchange market is subdued. It may continue in North America today, ahead of tomorrow’s CPI. Most of the G10 currencies are in narrow ranges and +/- 0.2% against the US dollar. [...]
Week Ahead: Firm US CPI Won't Deter September Fed Rate Cut north It seems clear that the July jobs data was an important turning point. The two dovish governor dissents from the FOMC's decision to standpat, citing not economic strength like the White House, but recognizing the weakness in the labor market, were not outliers as much as the proverbial [...]