Archive: August 2026· page 2
Dollar firms on sanctions; yen gains on every major but the dollar
The US dollar found strength on safe-haven demand amid Iran sanctions, while the Japanese yen led intraday gains, and gold rallied.
What are Treasury buybacks, and why did they sink the dollar?
The US Treasury bought back its own bonds, and the dollar fell to three-month lows without anyone touching the currency market. Here is the mechanism behind the Bessent put, and why it is not an intervention.
Forex roundup: dollar dips to new lows, CAD defies trade woes
The US dollar traded near three-month lows despite rising Treasury yields, while the Canadian dollar led gainers amid escalating trade tensions and the New Zealand dollar dipped on weak retail data.
What is Jackson Hole, and why does it move currencies?
The Economic Policy Symposium the Kansas City Fed has hosted in Wyoming since 1982 — how a farming conference became the stage where central banks trail policy shifts?, and what actually moves in forex when they do?
The dollar fell all week, so why did the winner change every day?
Five sessions of dollar weakness produced five different winners: CAD, JPY, NZD, CHF and GBP. That rotation, not the slide itself, is what Warsh’s Jackson Hole debut will test next week.
Market roundup: dollar recovers on yields, pound leads gainers, yen sees mixed trading
The US dollar recovered from recent lows, the British pound led major currencies, while gold held gains and WTI crude consolidated.
Dollar sinks on Treasury buybacks; gold finally clears $4,400
US Treasury buybacks sent the dollar to three-month lows, lifting gold above $4,500 and handing the yen a bid, with Australian employment data ahead.
Dollar sees mixed signals amid geopolitical tensions, key data awaited
The dollar faces conflicting forces of geopolitical risk and fading Fed hike bets, while the New Zealand dollar leads gains and Canadian tariff talks remain uncertain.
Dollar drops on weak data, Middle East risk lifts oil and gold
The dollar continues its retreat on softer US data, while geopolitical tensions fuel gains in oil and gold, even as yen shows intraday strength.
Jérôme Kerviel: the junior trader who hid €50 billion
A trader on an ordinary desk built €49.9 billion in hidden positions. Unwinding them over three days cost Société Générale €4.9 billion.
What was Black Monday 1987?
The Dow fell 22.6% in a day and it is still the record. The odd part: the market's fear gauge did not exist yet — 1987 is why it was built.
Paul Tudor Jones: the trader who saw Black Monday coming
In October 1987 the Dow fell 22.6% in a single day. One fund returned 62% that month — and the reason was a chart from 1929.
Forex market roundup: dollar extends falls as Fed hike bets fade
Dollar weakness extends into a second session as Fed hike expectations cool, lifting gold back toward $4,400 and the pound to a three-month high, while Canada's dollar leads the field ahead of CPI data.
What is the COT report and how do you read it?
The official count of who holds what in US currency futures. The CFTC publishes it every Friday with data from the preceding Tuesday. What does each category measure, how do you read an extreme, and how much delay does it really carry?
What does "following the money" mean in forex?
The advice is good and almost everything sold under that name in forex cannot be seen. Spot has no central exchange, so there is no real volume and no tape. Here is the money you can actually follow: public, free and delayed.
Is forex a zero-sum game?
The accounting is, trade by trade. The intent is not. 42% of volume is funding swaps and 2025’s growth came from hedging — but among those who speculate, once costs are in, the game is negative-sum.
Why does almost nobody make money day trading?
Between 67% and 97% of intraday traders lose money. The cause is not that markets are unpredictable: the gross result hovers around zero and what sinks it is cost, which scales with frequency.
Dollar dips as US inflation cools; gold steadies below $4,400
The dollar came under pressure today after softer US inflation data reduced Fed hike bets, reversing yesterday's recovery; gold steadied below the $4,400 ceiling it had just cleared, and the pound was the weakest major.
