Expectations of monetary policy tightening by central banks rose again in QXNUMX after the impact of the March banking turmoil quickly faded. USD has reversed as global markets [...]

The tightening cycle by central banks has de facto reversed as a function of lower expectations for future rate hikes. This cycle ended with a sudden collapse and official intervention in [...]

The Fed under Powell faces the impossible task of deciding whether it is better to communicate moderate caution in conjunction with a rate hike or greater caution in conjunction with [...]

There was a massive retreat from the US dollar in QXNUMX as the market ignored the Fed's mantra about the need to keep the reference rate "higher for longer", which significantly reversed the US [...]