1. There is no one "dollar". The USD is traded freely amongst a quite large number of individual currencies. The largest one in the DX is of course the Euro, about 60% weight without checking. That leaves dozens not even in the calculation. Many of ...

Trump to visit Federal Reserve on Thursday, White House says

Does Trump comprehend the ramifications should the rest of the world's bankers lose trust in the independence of the Fed? That dumping of junk portrayed in the movie Margin Call would be likened to a gentle walk in a pleasant park on a sunny fine ...

Trump to visit Federal Reserve on Thursday, White House says

And there is something about him retaining 90% of the profits. Was it the Japanese PM who might be on the way out, and he kinda knew that the agreement will be thrown out by his successors? An eighth of Japan's GDP? Something is not quite right.

Trump's trade deal with Japan includes a $550 billion fund that he will oversee

"Trump has lambasted Powell repeatedly for not cutting U.S. interest rates more aggressively, referring to him as a “numbskull” on Tuesday and musing publicly about firing him." If I were a psychologist I might suggest that there's a bit of ...

Trump to visit Federal Reserve on Thursday, White House says

Why I remember the tariffs in the first term, besides being quite puzzled at the introduction of protectionism being so anti everything pro business and consumer and therefore GDP, is that some markets moved significantly in a nice little trend ...

Is US tariff policy reshaping the world trading system?

Lots of good stuff there. I have chosen to paste a select few words on something that I have been banging on for a while. That quote is worthy of bookmarking for future reference. People say, oh, consumers won't have to pay, it will be absorbed in ...

Is US tariff policy reshaping the world trading system?

Sometimes I think the same about politicians or advisors. It never occurred to me that they might be also be bots. From the Ministry of Truth.

Trump: Housing is lagging because “Too Late” Powell refuses to lower rates

Yes, and Bessent is worth a cool half billion from his time as a trader. But there are laws about that kinda thing aren't there?

Bessent: Trump has said he's not going to fire Powell

Mmm. Maybe that's because Trump simply can't fire Powell? Would that have something to do with it, or is this just another magnificent announcement from Bessent who loves to make announcements?

Bessent: Trump has said he's not going to fire Powell

It's about a trillion dollars. They might need to dump it to pay for all those tariffs.

Ishiba: Agreed with US on tariffs; Agreed to lower auto tariffs to 15%

There be no reason for the USD to slide even further into the abyss because so many excellent fiscal economic decisions being made by the Administration and Government to enhance trust in the integrity of the US financial system.

Powell: Integrated Review of the Capital Framework for Large Banks Conference, July 22, 2025

Is there something else that you are about to announce that we should really know about? I'm about to announce that there is a high probability of the sun rising tomorrow. I thought I'd just mention it, because, you know, I like to announce that I ...

Bessent on tariffs: We're about to announce a rash of trade deals in coming days - FBN

Send them both off to a Coldplay concert.

Trump firing Powell risks higher inflation, lower USD. Eyes on euro flight to credibility

Well that's very zen.

Why Price Action Beats a Screen Full of Indicators

I didn't know that about Mr Lutnick. Why don't you correct him in a manner that he can understand?

Lutnick: Small countries to pay baseline 10% tariff

Profit margin. Nobody operates at a loss (for long, anyway). I don't get your point, should you have one. Businesses protect their profit margin. To "absorb" the tariff would require them to eat into the profit margin, and they cannot do that for ...

Trump pushes for 15%-20% minimum tariff on all EU goods - FT

The overseas seller/manufacturer/exporter are paid pre-tariff price. The customer pays the bundled price. The tariff goes to USA Treasury. If the folk in the USA chose to not buy the imported good, then yes, trade will stop, by definition. In case ...

Trump pushes for 15%-20% minimum tariff on all EU goods - FT

The fun starts when the Fed starts selling these assets. That would drive up long term interest rates massive, similar to what would happen if say China or Japan went on a selling spree. If ever. But they actually have to mature some time in the ...

Fiscal Responsibility and the Fed

Small countries, of course!! Not. It's quite astonishing that there is still any confusion about this. Maybe deliberate? I'd like to hear from USA consumers (the purchaser in the household) out there who are buying things like toasters or bikes or ...

Lutnick: Small countries to pay baseline 10% tariff

You missed nothing. That is just my opinion, and I am in a generous mood today.

USDJPY Price Prediction analysis