Tag: International trade

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US Trade Deficit Widens as Goods Exports and Imports Increase Year-Over-Year

The US trade deficit has widened as both goods exports and imports increased year-over-year. In June, goods exports rose by 5.7% to reach $172.32...
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Understanding the NISA Program and its Impact on Japanese Yen Depreciation

The Japanese Yen (JPY) faced challenges in the foreign exchange (FX) markets due to Japanese individuals making overseas asset purchases through the Nippon Individual...
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Deutsche Bank Analysis: Trump Presidency and China Tariffs Impact on EUR/USD Parity

Deutsche Bank's George Saravelos recently shared his insights on the potential impact of a Trump presidency and China tariffs on the EUR/USD parity. In...
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Pound Sterling Rises as UK Starmer Wins and Fed Rate-Cut Bets Increase

The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum...
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Japanese Yen Strengthens as US Dollar Weakens on Fed Rate Cut Expectations

The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data...
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UK General Elections Boost Pound Sterling’s Gains: What’s Next?

The Pound Sterling has been on the rise lately, gaining strength against the US Dollar. This increase in value can be attributed to the...
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Dedollarisation: Transitioning to a Multipolar World Economy

In the first half of 2024, there has been a noticeable increase in the momentum of dedollarisation in the global financial landscape. This movement...
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Eurozone PMI Data Causes EUR/USD Drop Below 1.0700

EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
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Achieving Stable FX Levels in Japan: Benefits and Strategies

Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having...
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Canada: America’s NAFTA Rival

America and Canada share a significant trade relationship. President Donald Trump recently met with Canada's Prime Minister Justin Trudeau for the first time. During...

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Coinbase’s Election Bet Faces Crucial Test: What’s at Stake?

Coinbase CEO, Brian Armstrong, has recognized the importance of engaging with policymakers in Washington, D.C. as the crypto industry grows. In recent years, Coinbase...