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...
The blistering rally in gold is nudging China a little closer to its long-stated ambition: a world less tethered to US-centred finance.Beijing has been stockpiling...
The US Supreme Court’s refusal to let President Donald Trump immediately sack Federal Reserve governor Lisa Cook has offered the central bank a fleeting reprieve...
The euro has scaled its highest level in four years, brushing $1.1878 on Tuesday, as traders braced for the Federal Reserve’s long-awaited rate cuts. This...
Donald Trump has decided to sack Federal Reserve Governor Lisa Cook over allegations she falsified mortgage documents, a dramatic escalation in his long-running crusade to...
While Washington busies itself with tax theatrics and tariff tantrums under Trump 2.0, Beijing is quietly tuning its instruments for a more strategic performance: the...
European Central Bank officials are beginning—reluctantly—to voice concern that the euro’s rapid appreciation may well derail their carefully choreographed attempt to anchor inflation at that...
If global investors needed a barometer of their growing disillusionment with President Donald Trump’s economic crusade, they have it: the US dollar. Since Trump’s return...