Category: Dollar dominance

The dollar’s dominance has peaked now that inflation is falling and Fed tightening has been priced in, State Street strategist...

The dollar’s dominance appears to be like set to wane with the Federal Reserve more likely to begin easing up on its tightening marketing campaign, in accordance, in accordance with State Street. SOPA photos The US greenback has jumped 12% this yr, led increased by Federal Reserve rate of interest hikes. But the buck now appears to be like “extremely overvalued,” in accordance with a…

Japan’s foreign reserves fall again as Tokyo carries on dumping dollars and buying the yen

Japan has been buying up yen and promoting dollars in a bid to assist its struggling forex. Zhang Peng/LightRocket by way of Getty Images Japan’s foreign forex holdings fell for a 3rd straight month in October, official knowledge present. Tokyo is battling to prop up the yen, which has tumbled 27% in opposition to the greenback in 2022. Japan has been offloading its dollars and…

Here’s why the US dollar may be closer to a peak than markets think, even as inflation rages and the...

A money changer counts U.S. dollar bills at a currency exchange office in central Istanbul April 15, 2015. REUTERS/Murad Sezer The dollar may be closer to peaking than markets think, Goldman Sachs said in a note. The bank pointed to previous periods of high inflation in the 70s and 80s, which saw the dollar peaking before a growth bottom. “Those parallels suggest it may not…