Q4 2024 Progress Report north The last quarter of 2024 was marked by intense activity across all departments, not least because of the massive implications of the IOTA Rebased protocol update.
Yen Jumps as Ueda Says Rate Hike Being Considered and Soft CPI Helps UK Gilts north Overview: The US dollar is little changed the G10 currencies but softer. Comments by Bank of Japan Governor Ueda underscored that this month's meeting is live, and this sent the yen to its best level since January 6. The UK reported softer than expected consumer prices, but the timing of the [...]
Introducing the IOTA Builder Server north The IOTA Builder Server is live. This focused Discord community is designed for developers, validators, and tech enthusiasts to collaborate.
Dollar Pushes Higher Before Consolidating north Overview: The US dollar is broadly firmer, though the Japanese yen is proving a resilient ahead of the BOJ deputy governor's speech tomorrow. Sterling travails persist and it is the weakest of the G10 currencies. The Fed funds futures are no longer fully pricing in a single Fed hike this year. [...]
Week Ahead: More US Outperformance north The stronger-than-expected US employment report reinforced the "American exceptionalism" meme and sent the greenback to new highs against most of the G10 currencies. The derivatives markets pushed out the next Fed cut into September. By then, the swaps market has the European Central Bank [...]
WHY? Treat & New Bone & Shibarium Utilities north Treat stands for Transactional Rewards for Engagement and Access Token. Learn about it, the 36 chambers of tech, WHY Combinator and new Bone/Shibarium utilities in this blog! Don't miss it ShibArmy! Shytoshi Kusama 6 min read
Today's US Employment Report among the Least Important in the Cycle north Overview: The US dollar is consolidating in a mixed fashion today ahead of the employment report. Given the numerous comments from Fed officials in recent days, it is clear that the bar to a rate cut this month is very high. Next month's report will contain the annual benchmark revisions. [...]
Sterling is Pounded north Overview: The US dollar is mostly firmer today. Among the G10 currencies, strong wage data and softer US 10-year yield is helping the yen defy the dollar's tug. It is up almost 0.2%. On the other hand, pressure on sterling and the UK Gilts has continued. The pound took out last year's low near [...]
German Factory Orders Plunge 5.4% and Retail Sales Defy Expectations for a Gain north Overview: The US dollar is mostly firmer today. Underlying sentiment is constructive, and yesterday's JOLTS and ISM reports were stronger than expected, playing on the American exceptionalism meme. The disruptive nature of the new US administration was on full display, as Trump declined to [...]
The Greenback is Mostly Softer Amid Consolidation north Overview: The corrective forces seen at work in the foreign exchange market yesterday are still intact today after the flurry around US President-elects pushback against reports of a narrower application of his tariff threat. Led by the Antipodean currencies that were so beaten up at the end [...]
Dollar Pares Last Week's Gains but Yen Weakness Persists north Overview: After rallying last week, the US dollar pulled back today, though is mostly consolidating within the range set last Thursday and Friday. The Japanese yen is the exception among the G10 currencies and is heavier against the greenback despite Bank of Japan Governor Ueda's reiteration [...]
January 2025 Monthly north The turn of the year is at hand, but the forces shaping the business and investment climate remain familiar. One of the chief characteristics has been the outperformance of the US economy, fueled by an historically large budget deficit, productivity gains, and robust consumption. President- [...]
NEAR Infrastructure Committee: First Year Recap & 2025 Priorities north NEAR is the network for a world reimagined. Through simple, secure, and scalable technology, millions are empowered to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future.