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Category: FX

Trump Said To Be Slowly Losing Mind Over Inability To Weaken King Dollar

July 10, 2019July 25, 2019

Get ready Steve Mnuchin, you’re about to be in charge of perpetrating an all-out currency war.

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5 Comments on Trump Said To Be Slowly Losing Mind Over Inability To Weaken King Dollar

‘The Leopard Never Changes Its Spots’: Turkey Given Benefit Of Doubt, But Optimists Learn Hard Lesson (Again)

July 8, 2019July 8, 2019

Any questions?

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Plunging Lira, Deutsche Bank News, Japan-Korea Spat Make For Inauspicious Start To Crucial Week

July 7, 2019July 7, 2019

None of this sets a particularly upbeat tone.

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3 Comments on Plunging Lira, Deutsche Bank News, Japan-Korea Spat Make For Inauspicious Start To Crucial Week

Hot Seat: Full Week Ahead Preview

July 7, 2019November 14, 2021

Don’t call it a “return”.

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1 Comment on Hot Seat: Full Week Ahead Preview

After Slapping ‘Abuser’ Vietnam With 400% Tariffs, Trump Tells ‘Manipulators’ China, Europe He’s No Dollar Dummy

July 3, 2019July 3, 2019

The White House worries America will “continue to be the dummies”.

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5 Comments on After Slapping ‘Abuser’ Vietnam With 4005 Tariffs, Trump Tells ‘Manipulators’ China, Europe He’s No Dollar Dummy

As Trade Euphoria Fades, Markets Return To Parsing Central Bank Guidance

July 2, 2019July 2, 2019

Tasseography Tuesday!

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1 Comment on As Trade Euphoria Fades, Markets Return To Parsing Central Bank Guidance

Cautious Optimism.

July 1, 2019July 1, 2019

One thing’s for sure…

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oil, OPECLeave a Comment on Cautious Optimism.

Risk-On, But For How Long? The Data Is Dour

June 30, 2019June 30, 2019

Ultimately, the data continues to come in soft.

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3 Comments on Risk-On, But For How Long? The Data Is Dour

A Global Affair: Full Week Ahead Preview

June 30, 2019July 1, 2019

Everything is in play.

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oil, OPECLeave a Comment on A Global Affair: Full Week Ahead Preview

Trader: The Burden To Act Is On The Wrong People

June 24, 2019June 24, 2019

What a “shame”.

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1 Comment on Trader: The Burden To Act Is On The Wrong People

‘It All Makes Sense If You Look At It Right’: Full Week Ahead Preview

June 23, 2019

“You gotta, stand back from it, you know.”

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oil1 Comment on ‘It All Makes Sense If You Look At It Right’: Full Week Ahead Preview

Cut It Out: Full Week Ahead Preview

June 9, 2019November 9, 2021

“Risk-positive”?

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7 Is Coming: China’s Yuan To Breach Key Level Within Three Months, Goldman Says

June 9, 2019

Sooner rather than later.

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3 Comments on 7 Is Coming: China’s Yuan To Breach Key Level Within Three Months, Goldman Says

Just Don’t Call It A Weak Dollar Policy

June 8, 2019June 8, 2019

“[It’s just] another important tool in the toolkit.”

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1 Comment on Just Don’t Call It A Weak Dollar Policy

A ‘Tremendous’ Yi Gang Sends Yuan Plunging To Weakest Since November

June 7, 2019June 7, 2019

“We have plenty of room in interest rates.”

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You Could Scarcely Conjure A More Dramatic Setup: Full Week Ahead Preview

June 2, 2019November 9, 2021

If you’re not excited, well, get excited.

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1 Comment on You Could Scarcely Conjure A More Dramatic Setup: Full Week Ahead Preview

Steve Mnuchin Declines To Name China A Currency Manipulator, Will Leave That To Trump’s Twitter Account

May 28, 2019May 28, 2019

“Treasury continues to urge China to enhance the transparency of China’s exchange rate.”

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6 Comments on Steve Mnuchin Declines To Name China A Currency Manipulator, Will Leave That To Trump’s Twitter Account

As China Threatens Yuan Shorts With ‘Huge Losses’, Here’s The Ultimate Irony

May 26, 2019May 26, 2019

Still, you can hardly blame the market for thinking the yuan is headed lower.

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8 Comments on As China Threatens Yuan Shorts With ‘Huge Losses’, Here’s The Ultimate Irony

‘Previously Unlikely Options’ Are Now On The Table: Reassessing The Odds Of China Going ‘Nuclear’

May 24, 2019May 24, 2019

We may be moving closer to a situation where Beijing feels like it has no choice.

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3 Comments on ‘Previously Unlikely Options’ Are Now On The Table: Reassessing The Odds Of China Going ‘Nuclear’

Did The Trump Administration Just Announce A Major Currency Escalation?

May 23, 2019May 23, 2019

“This change puts foreign exporters on notice”.

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3 Comments on Did The Trump Administration Just Announce A Major Currency Escalation?

Erdogan Meets The Bear

May 22, 2019May 22, 2019

And capital control whispers are getting louder.

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‘Game Over, We Win!’ No Pressure Or Anything, But Trump Wouldn’t Mind If Fed Did A Little Competitive Easing

May 14, 2019May 14, 2019

“If the Federal Reserve ever did a ‘match'”.

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3 Comments on ‘Game Over, We Win!’ No Pressure Or Anything, But Trump Wouldn’t Mind If Fed Did A Little Competitive Easing

Trade, Fed Policy And Recession: It’s Complicated

May 13, 2019May 13, 2019

“We’ll let you know in about three or four weeks”.

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Only The Dead Have Seen The End Of (Trade) War

May 13, 2019May 13, 2019

“…will only get worse.”

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2 Comments on Only The Dead Have Seen The End Of (Trade) War

‘Big League’ Drama: Full Week Ahead Preview

May 12, 2019May 13, 2019

Barring something (else) out of left field, the week ahead will be dominated by trade jitters.

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1 Comment on ‘Big League’ Drama: Full Week Ahead Preview

Desperate Times…

May 10, 2019May 10, 2019

… call for desperate measures.

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2 Comments on Desperate Times…

China Considers Canceling Trade Talks, Yuan Dives, PBoC Announces Targeted RRR Cut

May 5, 2019May 5, 2019

On the “bright” side…

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