Convergence in economic growth rates among developed economies favors dollar weakness. Is the pound in a position to make a run at the dollar? ... Read More
While emerging markets' struggles continue, the risk to the U.S. remains small.... Read More
The Chinese yuan is back in the headlines but the excitement is likely behind us. China's success in stabilizing the yuan with modest FX intervention, and the reintroduction of the counter-cyclical factor, point to lower volatility ahead. ... Read More
Speculators have gone all in on a sustained U.S. dollar rally.... Read More
Twenty years after the memorable "oasis of prosperity" line, the U.S. dollar is on a tear. Concerns about trade wars, spending policy, and consumer borrowing are risks, but growth differentials and equity markets are driving dollar strength. ... Read More
Though the Chinese yuan is still perilously close to its key thresholds, regional economic growth is improving and capital outflows have not reared their head. ... Read More
Venezuela's annualized inflation rate is now over 100,000% over the last three months and now in rarified air seen by the like of the Weimar Republic and Zimbabwe.... Read More
Global search interest in monetary policy is rising sharply, higher versus six months ago for the first time since January. This is especially bullish for the U.S. dollar against a handful of emerging market peers. ... Read More
How does one live in a country with a worthless currency?... Read More
A detailed look at the over-speculated nature of currencies over the past several months. ... Read More
Over 17 million bitcoin have been mined, leaving fewer than 4 million to be "unearthed" before hitting the maximum number allowed.... Read More
Markets appear to be preparing for the U.S. dollar to continue higher, but without bringing Treasury yields along for the ride. This would favor defensive sectors in U.S. and emerging markets that show weaker ties to the dollar. ... Read More
We are more apt to trade with a bullish breakout by the U.S. dollar from its nasty trading range. Hard economic data in the U.S. are outperforming the Eurozone and investor flows appear ripe for a return to the U.S. from overseas.... Read More
The dollar is still too hated.... Read More
Outflows from currency-hedged ETFs targeting Japan and Europe reflect past dollar weakness. We still expect the yen to weaken against the dollar. ... Read More
A stronger Canadian dollar and converging economic growth point to narrower Canada - U.S. cross spreads. ... Read More
The yen looks primed to weaken given a slowing in economic data. Conversely, the Canadian dollar should strengthen with U.S. versus Canadian data changes at extremes.... Read More
The dollar is still too hated.... Read More
Despite adoption by new partners, XRP will struggle to see the same type of meteoric rise as before now that some of its flaws are better understood.... Read More
We once again revisit the point that investing in Bitcoin is not for the faint of heart.... Read More