Currencies Social Media and Updates
Currencies Social Media and Updates
Currencies Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Is the dollar’s global dominance foundation starting to crack or just facing a few termites? 🐜💵 I sat down with former Fed & Treasury insiders @steven_kamin & @sobel_mark to unpack threats to dollar dominance, fiscal policy, Fed independence, and more.
A ceasefire is coming. Two things will get repriced quickly when that happens. Oil futures will tumble and the Dollar will fall sharply. The latter is up on safe haven inflows to the US. All those inflows will unwind very...
Cease-Fire Hopes Blunt US Ultimatum: The US deadline on Tehran for re-opening the Strait of Hormuz has subtly shifted until tomorrow. The holiday-thinned market initially bought dollars and oil and took risk off in response to the continued attacks and…...
Hope of a cease-fire between US/Israel and Iran has captured the imaginations of the holiday-thinned market today. The negotiators themselves reported are not optimistic. $USD gave back earlier gains and is posting a possible outside down day. See https://t.co/Km1zBLaVJG...
Price action tells the truth while opinions tell stories. - Ghost of the Pit https://t.co/K1tiyiMWDu
When an argument is made that "Our debt doesn't matter because we owe it to ourselves"...that is code for "we can print the money and just debase the currency"...
Another week of heavy data but don't be mistaken Iran War will run the show 👇 🇺🇸 US - ISM Services -CPI -Fed Minutes -Durable Goods -Personal income/spending -UMich 🇪🇺 EZ -Retail Sales -PMI Rev -GE Trade & IP 🇨🇦 CA -IVEY -Jobs 🇳🇿 NZ -RBNZ -PMI 🇦🇺 AU Retail Sales
The 10-year Treasury yield is 4.3% (blue) and looks benign. But 10y10y forward yield (red) is 5.5% and pushing above pre-2008 levels. The global debt crisis waits for no one. Fiscal policy is out of control and geopolitical uncertainty makes...
On yesterday's live stream, I discussed which oil prices to watch, why the Dollar failed to rise on Friday's strong payrolls and the large drop in gold holdings of Turkey's central bank, which is entirely a function of the decision...
#IndiaWatch🇮🇳: The Reserve Bank of India (RBI) is stepping in to try to slow the rupee’s slide. By restricting derivatives and other tools traders use to SHORT the rupee, the RBI is trying to suppress bets AGAINST the currency. THE RBI'S ENGAGED...
Sleijpen says next ECB discussion will be a rate hike or hold https://t.co/nsySCHZ2Ld via @patrickreports https://t.co/QVU1clfZB5
I've had such a wonderful conversation with Matthew Piepenburg. He fully explains why you shouldn't be in the Dollar, as the Dollar is collapsing entirely. Watch his explanation here: https://t.co/ijsmOzj4kx
There's 3 central banks that publish weekly data on FX reserves and gold holdings: India, Thailand and Turkey. Only Turkey has seen a sustained drop in gold holdings (blue) that have been used to lift FX reserves and defend the...
I'm doing a livestream this morning at 9 am (ET) to talk through: (i) the different oil prices floating around and how they all fit together; (ii) how the Dollar is trading weak, with yesterday's payrolls another example; (iii) central...
Week Ahead: Still mostly about the war. US and China report March CPI. China's PPI may have emerged from deflation. Canada reports March jobs data. RBI is relying on cap controls to support INR, not...
