Tag: yen

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Does Trump want to create a more independent Europe for the sake of competition for the dollar?

In its quarterly report to Congress regarding its foreign exchange operations for the second quarter of 2025, the Federal Reserve and the U.S. Treasury reported that there was no intervention in the foreign exchange markets. The U.S. dollar, as measured by its broad-weighted dollar index, depreciated 5.6%. Cumulatively, the dollar has depreciated 7.5% since the … Continue reading Does Trump want to create a more independent Europe for the sake of competition for the dollar?

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Currency and money markets news scan: Will banks leave more money in their Federal Reserve bank vaults?

The takeaway: Will banks leave more money in their Federal Reserve bank vaults? Alejandro Riviera is upset today. He needs $200,000 per year in income in order to enjoy retirement with his wife, Anita, and the dog, Puff. Last week, with the two-year rate at 3.99%, Alejandro needed a portfolio of $5,012,531 to generate his … Continue reading Currency and money markets news scan: Will banks leave more money in their Federal Reserve bank vaults?

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Interbank Market News Scan: Is one and done is out of the window according to CME Fed Watch?

The stats … 30-Day Federal Funds Futures and Options (ZQV3): 94.735 Effective Federal Funds Rate: 5.08% Discount Window Rate: 5.25% Interest on Reserve Balances: 5.15% 10-Year Treasury Note: 3.80% EUR/USD=1.0713 USD/JPY=140.5300 DXY=104.07 The takeaway … The dollar strengthens and I see less demand for the euro and the yen. According to data from the Federal … Continue reading Interbank Market News Scan: Is one and done is out of the window according to CME Fed Watch?