In the News

1 big thing: King dollar keeps rising

(AXIOS) Fed Chair Powell has done his part to deflate the very strong U.S. dollar.

But other central banks have followed Powell’s lead in reversing the QT trend, and political dysfunction and economic malaise are keeping the greenback bid, John Doyle, vice president of dealing and trading at Monex Inc., tells Axios.

“While the Fed has also taken a dovish shift, U.S. rates are still higher than most of our counterparts, which should lend some support most of the year.”

GO TO ARTICLE

Let’s Talk
Ready to save money, save time, and reduce risk?

It’s quick and easy to get started. Fill out the form below and a Monex USA market expert will connect with you shortly. Our team will work closely with you to develop a personalized strategy for your global payment & currency needs.

Contact us