Categories Finance

Why the US dollar is plunging

Deutsche Bank is out with a note today that’s getting attention. It highlights the drop in the US dollar across the board in the aftermath of the US tariff announcements. They highlight that the calculation of US tariff rates is particularly problematic, something I also wrote about. This…

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Categories Finance

What is happening in the oil market?

As with XAUUSD, April started with optimism for the oil market, as Brent crude oil rose above $75 per barrel for the first time since February 21. The driver remains the same as in recent weeks: rising geopolitical risks. Traders are increasingly hedging against the possibility that Trump…

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