Japan wanted to prevent a disorderly depreciation of the yen. The U.S. wanted to suppress the increase in Treasury yields and avoid a selloff by Japan. But it won’t last. … READ MORE >
U.S. dollar
Market Minute: The bill for Japan’s lost decades is coming due
For decades, Japan used low interest rates and piled up debt to prop up its aging economy. Now, the currency market is saying enough is enough. … READ MORE >
The dollar may be in decline, but it’s not going away
The global diversification away from the dollar will occur in a gradual manner, with occasional large and unexpected moves. But diversification is far different from an outright end of the greenback as the global reserve currency. … READ MORE >
Market Minute: Recent losses signal further dollar weakness
The dollar’s fall below its most recent trading range and below its five-year moving average suggests the potential for continued weakness. … READ MORE >
Market Minute: Weak dollar policy to persist into 2026
Pushing down the dollar’s value has been a policy priority for the administration as it sought in part to make exports more attractive. … READ MORE >
Market Minute: Rate expectations to weigh on the loonie vs. greenback
The Canadian dollar illustrates how growth differentials and diverging rate expectations have driven a wedge between the greenback and the loonie since July. … READ MORE >
Market Minute: Attractiveness of dollar-denominated securities at risk
Confidence in the U.S. fiscal path as well as the relative safe-haven status of dollar-denominated securities is increasingly being questioned. … READ MORE >
Market Minute: As dollar dominates FX, investors hedge exposure
The dollar was on one side of 89% of all international transactions, which is an increase from its 88% share in 2022. … READ MORE >
Market Minute: Weaker dollar adds to inflation pressure as import prices rise
Once the dollar begins to depreciate, higher inflation typically follows as imported goods become more expensive. … READ MORE >
Market Minute: Dollar depreciation disrupts its safe-haven status
The American dollar has depreciated against all 14 major trading currencies as investors diversify away from risk associated with dollar-denominated assets. … READ MORE >