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25/07/2025, 11:03

Will the US tariffs lift the US dollar?

The US has introduced punitive tariffs this year and the US dollar has fallen. This is not how it’s supposed to be. Theory and historical experience suggest that the...

by Admin
18/07/2025, 11:06

Neutral rates are still rising

With longer-term bond yields rising, in spite of widespread policy easing, there seems to be more reason to think that neutral rates are still rising.

by Admin
14/07/2025, 11:06

Is there any brake on the US tariffs?

The Trump Administration has moved at breakneck speed this year with tariffs, tax cuts, deportations and more. Are there any brakes on the pace of and extent of US...

by Admin
04/07/2025, 10:05

Will the GBP keep its uptrend?

The pound (GBP) has been on a good run since the debacle of the infamous mini-budget of September 2022 which saw the pound fall close to parity against the dollar. It...

by Admin
01/07/2025, 11:03

What is driving the US dollar down?

The factors driving the US dollar seem to be pushing the greenback in the direction of an even bigger slide. The US dollar has already fallen by more than 10% this year...

by Admin
10/06/2025, 11:22

US dollar’s slide looks set to continue

The US dollar’s seemingly inexorable slide looks set to continue. The key in the shortterm is whether important psychological levels can be broken, such as 1.15...

by Admin
09/06/2025, 11:00

Will the ECB stop at neutral?

The ECB cut rates again last week; its eight such reduction in a row. In all, the deposit rate has been halved from 4% to 2% through this cycle. It is now at a level...

by Admin
06/06/2025, 11:04

The US dollar is still on the backfoot

The US dollar is still on the backfoot and we see little sign that this is going to change anytime soon. Many analysts continue to target the two 25s, meaning 1.25 for...

by Admin
02/06/2025, 11:04

Challenges for the U.S. tariffs

The US Administration’s defeat in the federal Court of International Trade on Wednesday exposes two problems with tariff policy.

by Admin
25/05/2025, 02:38

Gold prices next week: Focus on U.S. inflation

The Personal Consumption Expenditure Price (PCE) index, the Fed's preferred measure of inflation, will be released on Friday and could significantly impact gold prices...

by Admin
08/05/2025, 11:06

How the FED copes with political pressure

The FED met yesterday as it attempts to navigate a path through the stagflationary implications of US tariffs. But the Fed’s problems don’t stop here. For unlike other...

by Admin
21/04/2025, 02:38

Watch out for exchange rate risks

The State Bank of Vietnam (SBV) keeps the USD/VND exchange rate within a "acceptable" range despite the decrease in the USD index (DXY) in order to accomplish several...

by Admin