The Dollar Refuses to Die — Much to Everyone’s Annoyance
For most of the year, shorting the dollar has been the foreign-exchange world’s favourite pastime. In a $9.6 trillion-a-day market, that’s no small hobby. Yet...
Tag: France
The Great “Devaluation Trade”: When Safe Havens Aren’t So Safe, and Risk Isn’t So Risky
Beneath the daily whiplash of financial markets, a deeper shift may be underway. Investors are quietly rethinking what safety really means — and how to...
France’s Credit Rating Sinks Again as Politics Eats Its Finances Alive
France has been hit with yet another downgrade, the second in a single week, as the slow-motion train wreck of its politics continues to devour...
France: The New Sick Man of Eurozone Debt?
French government bonds slipped further behind their Iberian cousins on Monday, after Fitch Ratings saw fit to remind markets that political chaos in Paris has...
Europe’s Eternal Innocence: Still Clutching at American Coattails
Donald Trump has ordered an immediate freeze on all military aid to Ukraine, turning up the pressure on Volodymyr Zelensky just days after their disastrous...
Europe’s Endless Illusion: Still Waiting for the Americans
In the wake of the disastrous Oval Office showdown between Donald Trump and Volodymyr Zelensky, European leaders scrambled to convene an emergency summit in London—a...
France’s Debt Dilemma: When the Once-Stable Stumbles
For the first time since 2007, France’s bonds are now considered riskier than Spain’s—a symbolic reversal that underscores the extent of its financial market woes....
The European project in danger
Germany’s centrist leaders might want to listen to the message voters have been sending loud and clear: if they want to prevent a drift towards...
The ECB needs to set a course
Last week, several ECB members were responsible for pushing back expectations regarding the speed at which borrowing costs would decrease. The message got through, and...