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Dollar

All articles tagged with #dollar

business3 days ago•128 min saved

Gold and Bitcoin surge as Treasury moves spark crypto rally

Bitcoin jumped through the $67,000 level and gold rose as U.S. Treasury buybacks and a weaker dollar boosted risk assets, fueling a high-momentum week for crypto. Regulators signaled a friendlier stance on crypto finance, with the CFTC weighing easier rules, while political figures like Trump continued to push crypto-friendly policies; the rally was helped by bears covering positions, with billions in bearish crypto bets liquidated by week’s end.

via AP News|

#bitcoin #business #crypto-regulation

economy4 days ago•37 min saved

Dollar Debasement Fears Rise as Treasury Debt Buybacks Stir Devaluation Talk

Fortune reports that economist Robin Brooks warns the Treasury’s plan to buy back more long‑term debt could put the dollar on a path toward debasement and a devaluation spiral similar to Japan’s, while other analysts argue the move is largely a symbolic fix that won’t address the underlying deficit; the debate centers on whether yields will stay elevated and what this means for the dollar’s near‑term trajectory.

via Fortune|

#currency #debasement #debt

currency4 days ago•19 min saved

Dollar slips on Treasury buybacks fueling currency jitters ahead of Jackson Hole

The dollar eased as the U.S. Treasury signaled expanded bond-buybacks to dampen yields, prompting questions about potential implications for the currency. The euro rose to about $1.1703 and the pound held near its highs, while the yen firmed after inflation data, as traders await the Federal Reserve’s Jackson Hole symposium for new guidance.

via Yahoo Finance|

#bond-buybacks #currency #dollar

finance8 days ago•12 min saved

Markets rally as Fed rate bets fade after soft U.S. data

Global shares edged higher and the dollar weakened toward two‑month lows after softer U.S. data, including a July retail‑sales drop, lowering the likelihood of a Fed rate hike next month to about 30%. European and Asian indices rose while Treasuries pulled back yields, and oil prices were mixed as investors await the next round of PMI data and key earnings this week.

via Yahoo Finance|

#dollar #fed-rate-hike #finance

business13 days ago•1 min saved

Gold climbs past two-month high as inflation cools rate-hike bets

Gold rose to a more-than-two-month high as a softer dollar and a July inflation print in line with estimates tempered expectations for a September rate hike, with spot gold around $4,409 an ounce and futures near $4,467 as traders price about 40% odds of a hike at the next Fed meeting.

via CNBC|

#business #dollar #fed

economy14 days ago•7 min saved

Dimon: Dollar’s Reserve Status Could Fade If U.S. Edge Wanes

JPMorgan CEO Jamie Dimon warned that the dollar could lose its status as the world’s reserve currency if the United States does not maintain its economic and military leadership. He pointed to the dollar’s share of global reserves (about 57%), vulnerabilities from overreliance on China for critical minerals, and a long-run need to bolster domestic production. Dimon also highlighted the Iran conflict as exposing defense-readiness gaps and noted JPMorgan’s $1.5 trillion Security and Resiliency Initiative to strengthen essential industries, from minerals to AI and quantum computing.

via Business Insider|

#dollar #economy #national-security

currency17 days ago•20 min saved

Goldman Doubts Yen Support Undermining Dollar's Global Lead

Goldman Sachs argues that US-Japan yen intervention is unlikely to threaten the dollar’s status as the world’s dominant reserve currency, pointing to the dollar’s deep capital markets and the Fed’s FIMA facility as crucial advantages during currency-support episodes. While policy uncertainty can weigh on the dollar, the bank notes that past instances where Treasuries were used to back currencies have typically reinforced the dollar’s central role.

via Yahoo Finance|

#currency #dollar #fx-intervention

economy-and-geopolitics18 days ago•20 min saved

Gold Eyes $5,000 as Dollar Slips Under Trump-Fed Pressure, BNP Paribas Warns

BNP Paribas Wealth Management forecasts gold could reach $5,000/oz within 12 months, implying more than 20% upside as the dollar weakens (about a 3.5% decline over the year) amid inflation and debt concerns; the World Gold Council notes 89% of central banks plan to boost gold allocations, and retail ETF inflows via GLD could follow, supporting a bullion rally amid easing geopolitical tensions.

via 24/7 Wall St.|

#bnp-paribas #central-banks #dollar

finance19 days ago•15 min saved

Markets Reconsider the U.S. Safe Haven as Policy Moves Spark Dollar Doubts

Global bond and currency investors are reassessing the “Sell America” trade as recent U.S. policy moves—from Fed signals to Japan’s yen support—fuel uncertainty about the dollar and Treasuries, even as stock markets stay resilient and foreign Treasury holdings remain large.

via Yahoo Finance|

#dollar #fed-credibility #finance

markets1 month ago•2 min saved

Dollar slips near two-week low as Fed bets fade and yen stays pressured

The U.S. dollar hovered near a two-week low as investors pared back bets on a Federal Reserve rate hike this year, while the yen remained near a 40-year trough amid ongoing intervention concerns. The dollar index was around 100.9, with EUR about $1.1435 and GBP near $1.335, and USD/JPY around 161.6. Analysts say intervention risk could spark volatility but is unlikely to reverse the broader trend, as markets await Fed minutes for clearer policy signals and monitor yen dynamics.

via CNBC|

#dollar #fed #forex

economy1 month ago•4 min saved

Oil Returns to Pre-War Levels, but Markets Remain Mispriced

Oil has fallen back to pre-war levels as supply normalizes, but markets still price in Fed hikes, implying a hawkish shift that the author argues is mispriced. He expects falling oil to reduce inflation and real interest rates, push the dollar lower, and lift gold and the S&P 500 after the next CPI release.

via Robin J Brooks | Substack|

#dollar #economy #fed-policy

markets1 month ago•321 min saved

Yen sinks to 40-year low, sparking intervention chatter and market ripples

The Japanese yen dropped to its weakest level in about four decades against the U.S. dollar as traders bet the Fed will keep rates high amid an oil-price shock from the US-Israel-Iran conflict. The Bank of Japan’s still-lower rates help explain the gap, and Tokyo has intervened before, though the yen’s slide continues. A larger move could affect U.S. Treasuries, currency flows, and carry trades, with implications for Japan’s import costs and broader global markets.

via CNN|

#boj #carry-trade #dollar

markets1 month ago•2 min saved

Gold set for its worst quarter in 13 years as dollar strengthens and Fed rate bets rise

Gold edged up to about $4,031/oz but is on track for its worst quarterly performance since Q2 2013 as a firmer dollar and expectations of U.S. rate hikes weigh on non-yielding bullion; it would need a break above $4,100 to suggest a bottom, with the metal down more than 11% in June and broader weakness across precious metals.

via KITCO|

#dollar #fed-rate-hikes #gold

markets1 month ago•27 min saved

Chip Rally Lifts U.S. Stocks Into Quarter-End Push

U.S. stocks rose Tuesday with the Dow up about 0.1%, the S&P 500 up 0.3%, and the Nasdaq up 0.8% as chip shares led gains into the quarter’s end. Investors weighed a stronger dollar and falling oil against a backdrop of a Supreme Court ruling that preserves Fed independence and expectations for the June jobs report, while eyeing potential US-Iran talks in Qatar and Nike’s upcoming earnings.

via Yahoo Finance|

#chip-stocks #dollar #markets

business1 month ago•15 min saved

Futures Hold Steady After Record Start as Markets Brace for Jobs Data

US stock futures paused after a record-setting start, with Dow futures near flat and S&P 500 and Nasdaq futures little changed as investors weigh an emerging oil glut, a stronger dollar, and upcoming data ahead of the June jobs report. Oil markets slid (Brent below $74, WTI under $71) as Hormuz flows show signs of recovery, while a Supreme Court ruling kept Federal Reserve independence intact for now and Nike is set to report earnings.

via Yahoo Finance UK|

#business #dollar #dow