# currency markets
Latest news and articles about currency markets
Total: 3 articles found
Fund Managers Turn Most Bearish on Dollar in a Decade as Trump's Volatility and Fed Uncertainty Bite
Fund managers have become the most bearish on the US dollar in over a decade, driven by political unpredictability under President Trump and expectations of Fed rate cuts. Large institutional investors are cutting or hedging dollar exposure, pushing derivatives indicators to extremes and raising the prospect of broader capital flows away from US assets.
Yuan Strengthens Past 6.90 Against the Dollar, Hitting Highest Level in 33 Months
The yuan climbed past 6.90 per dollar on February 12, reaching levels not seen since May 2023 as both onshore and offshore markets rallied. The move reflects softer dollar dynamics, renewed foreign inflows and cautious central-bank guidance via a conservative midpoint setting, but risks from U.S. policy shifts and domestic growth surprises remain.
Gold Surge and a Weakened Dollar: Markets Riposte as Trump Pressures Powell
Gold jumped past $5,200 per ounce as the U.S. dollar tumbled to near four-year lows amid falling consumer confidence and heightened political pressure on the Federal Reserve. President Trump’s public attacks on Chair Jerome Powell and the disclosure of a federal inquiry into Powell’s conduct have compounded market concerns about the independence of U.S. monetary policy.