Economic and Currency Trends - The U.S. dollar is experiencing a decline, marking a third consecutive session of losses against major currencies such as the euro, yen, and Swiss franc, influenced by U.S.-China tensions and Federal Reserve remarks [1][2] - The dollar weakened by 0.49% to 0.793 against the Swiss franc, reflecting ongoing trade tensions and market uncertainty [2] - The dollar index fell by 0.33% to 98.35, with U.S. Treasury yields near multi-week lows, indicating pressure on the dollar amid a potential prolonged U.S. government shutdown [4] Federal Reserve Insights - Federal Reserve Governor Christopher Waller supports another interest rate cut at the upcoming policy meeting due to mixed job market signals [3] - The Fed's Beige Book indicates emerging economic weakness, including rising layoffs and reduced spending among middle and lower-income households, which may influence future rate decisions [4] U.S.-China Trade Relations - The dominant narrative remains U.S.-China trade tensions, with China increasing pressure ahead of a meeting between Presidents Xi Jinping and Donald Trump, raising questions about potential negotiation strategies [2] European Economic Developments - French Prime Minister Sebastien Lecornu survived two no-confidence votes, allowing him to deliver a budget and temporarily suspending controversial pension reforms, which positively impacted the euro, pushing it to a one-week high at $1.1688 [6]

Appraisal, Borrower Mining, Reverse Mortgage Tools; Conv. Conforming News; Rates Creeping Up In China, red symbolizes prosperity, protection, and welcoming energy, and so is a popular front door color for occupants, especially when facing south. Here in the United States (we’re still united, right?) it doesn’t take long before “occupancy fraud” is on everyone’s lips in residential lending. Occupancy is not a partisan issue, right? And prosecuting it should not be either. Whether it is the Fed’s Lisa Cook, ...

V i e w p o i n t | 23 Jul 2025 05:44:43 ET │ 10 pages Japan FX How will the USDJPY move after the US-Japan trade agreement? CITI'S TAKE We believe the basic trade agreement between the US and Japan will result in JPY appreciation over time. In the near term we think appreciation pressure should be offset by depreciation pressure as Japanese equities rise in a global risk-on environment. However, as BoJ monetary policy normalization continues to be priced in, an outlook that US and Japan could coordinate FX ...