巴克莱表示，美国最高法院就关税作出的裁决，对白宫设置贸易壁垒构成更高阻碍，并利好全球经济增 长。包括Lefteris Farmakis在内的策略师在 2 月 22 日的报告中写道："我们认为这一进展主要利好外汇 市场中风险较高的币种。" 他们特别强调高息新兴市场货币、以及基本面强劲的 G10 货币，例如澳元和 瑞典克朗。他们写道，该裁决也体现了 "美国权力制衡机制在发挥作用"。在其他条件不变的情况下， 此举将降低投资者对美国资产及美元的溢价偏好。"尽管如此，该裁决的财政影响仍值得关注，尤其是 在关税返还可能带来刺激效应、进而引发美联储应对方面。" 责任编辑：王永生 巴克莱表示，美国最高法院就关税作出的裁决，对白宫设置贸易壁垒构成更高阻碍，并利好全球经济增 长。包括Lefteris Farmakis在内的策略师在 2 月 22 日的报告中写道："我们认为这一进展主要利好外汇 市场中风险较高的币种。" 他们特别强调高息新兴市场货币、以及基本面强劲的 G10 货币，例如澳元和 瑞典克朗。他们写道，该裁决也体现了 "美国权力制衡机制在发挥作用"。在其他条件不变的情况下， 此举将降低投资者对美国资产及美元的溢价偏好。" ...

Core Viewpoint - Sweden is considering adopting the euro, marking a significant shift in its monetary policy, influenced by geopolitical concerns and its recent NATO membership [1][6][7] Group 1: Political Developments - The Swedish government has initiated discussions on the pros and cons of joining the eurozone, led by Finance Minister Elisabeth Svantesson [2][5] - Lars Calmfors, a prominent economist, has shifted his stance to support eurozone membership, citing changed geopolitical dynamics and the need for stronger European cooperation [8][10] - Political support for euro adoption is fragmented, with only the Liberal Party firmly in favor, while other parties remain undecided or opposed [11][10] Group 2: Economic Implications - Joining the eurozone could enhance Sweden's political ties within Europe and provide a stronger voice in monetary policy, potentially benefiting trade and investment [7][9] - Sweden's economy is increasingly synchronized with the eurozone, reducing the necessity for an independent monetary policy [3][8] - The volatility of the Swedish krona has been a concern for business leaders, who argue that adopting the euro would stabilize the currency and benefit the industrial sector [3][8] Group 3: Public Sentiment and Challenges - Public opinion remains divided, with nearly half of Swedes opposing euro adoption, although support has increased compared to a decade ago [10][11] - A significant barrier to euro adoption is the need for broad political and public support, as previous decisions have relied on public referendums [10][11] - If obstacles are overcome, transitioning from the krona to the euro could take at least four years, including a two-year period to establish exchange rate stability [11][10]

Core Viewpoint - The article discusses the fluctuations in various currency pairs, highlighting the performance of the Euro, British Pound, and commodity currencies against the US Dollar during the week. Group 1: Currency Performance - The Euro appreciated by 0.04% against the US Dollar, closing at 1.1875, with a weekly gain of 0.51% [1] - The British Pound increased by 0.33% against the US Dollar over the week [1] - The US Dollar depreciated by 1.07% against the Swiss Franc [1] Group 2: Commodity Currencies - The Australian Dollar rose by 0.89% against the US Dollar [1] - The New Zealand Dollar increased by 0.44% against the US Dollar [1] - The US Dollar fell by 0.41% against the Canadian Dollar [1] Group 3: Scandinavian and Eastern European Currencies - The Swedish Krona appreciated by 1.31% against the US Dollar [1] - The Norwegian Krone increased by 1.98% against the US Dollar [1] - The Danish Krone rose by 0.50% against the US Dollar [1] - The Polish Zloty gained 0.73% against the US Dollar [1] - The Hungarian Forint increased by 0.14% against the US Dollar [1]

Sweden's EU membership entails monthly contributions to the EU's budget. These payments are made in Swedish kronor by the Swedish government and exchanged into euro in the foreign exchange market by a recipient central bank within the EU. The Riksbank has decided to exchange an EU payment in February 2026. The total amount is SEK 5 764 million. The Riksbank has on previous occasions exchanged EU payments to avoid unnecessarily large fluctuations in the exchange rate in connection with these transactions. Th ...

1美元兑换156.90日元，高于前一交易日的156.82日元；1美元兑换0.7774瑞士法郎，高于前一交易日的 0.7766瑞士法郎；1美元兑换1.3682加元，高于前一交易日的1.3668加元；1美元兑换9.0363瑞典克朗，高 于前一交易日的8.9864瑞典克朗。 新华财经纽约2月5日电美元指数5日上涨。 衡量美元对六种主要货币的美元指数当天上涨0.21%，在汇市尾市收于97.824。 截至纽约汇市尾市，1欧元兑换1.1794美元，低于前一交易日的1.1809美元；1英镑兑换1.3549美元，低 于前一交易日的1.3663美元。 （文章来源：新华社） ...

彭博美元指数刚刚录得4月以来最大两日涨幅，部分原因是美国工厂数据表现意外强劲。这份数据推动 美元从上个月触及的近四年低点反弹，美元指数上月曾下跌约1.3%。 在美国经济表现韧性十足、近期通胀显现粘性特征的背景下，美元周一试图展开反弹，但这并不意味着 其今年的避险资产属性正在增强。 道明证券外汇策略师贾亚蒂・巴拉德瓦杰（Jayati Bharadwaj）表示，本月通常是美国经济数据表现强劲 的窗口期，美元大概率将延续近期的反弹走势。 她说："这是一笔容易把握的交易，因为我们看空美元的理由，远比支撑美元持续反弹的理由多得多。 美元任何一轮上行修正或仓位出清，都是重新建立大额美元空单的好时机。" 巴克莱银行也认为，1月美元的下跌反映出的弱势或仍将持续，因投资者对这一全球储备货币的信心已 出现一定程度的动摇。 巴克莱银行分析师在本周的研报中表示，此次美元走弱与去年4至6月的大幅抛售不同：彼时特朗普推出 的"解放日"关税颠覆了全球贸易秩序，市场认为这些关税"将对美国经济造成重大打击"并引发货币政策 宽松，进而导致美元大跌。 分析师们写道："而此次，美元走弱发生在美国经济展现出显著韧性的背景下，更纯粹地反映出投资者 对美 ...

智通财经APP获悉，黄金价格上涨，收复了此前一轮破纪录涨势戛然而止的部分失地。此前，金价在短短两天内下跌 了13%。白银价格也出现上涨。此前，金价在两个交易日内下跌了13%。 现货黄金一度上涨2.9%，接近每盎司4800美元，此前一个交易日下跌近5%，延续了上周五十多年来的最大跌幅。白银 一度上涨5.1%，突破每盎司83美元，此前周一下跌7%，并在1月30日创下盘中历史新低。 富国银行策略师埃里克·尼尔森表示："在经历了1月份的美元抛售狂潮之后，外汇市场正在恢复正常。"他说，市场正 在平仓1月中旬建立的所有投机性和追逐市场动能的美元空头头寸。 就在沃什获得提名消息引发美元自5月以来最大涨幅的几天前，资产管理公司加大了对美元的空头头寸。欧洲交易员表 示，月末资金流动可能加剧了美元的反弹，尤其是在技术面预示着回调行情的情况下。 许多市场参与者警告称，美元可能进一步走弱。DoubleLine Capital首席执行官杰弗里·冈拉克上周表示，美元已有一段 时间没有发挥避险货币的作用，特朗普难以预测的政策制定和美国的财政赤字将对其构成压力。 策略师Tatiana Darie称，"在最近这波政策驱动的抛售潮中，美元走势已 ...

Core Viewpoint - The US dollar experienced a significant increase, marking its largest single-day gain since July, while precious metals like gold and silver plummeted, affecting the exchange rates of currencies from the Australian dollar to the Swiss franc [1][2]. Group 1: Market Performance - The US Dollar Index (DXY) ended the month with an approximate 0.9% increase, despite a decline of about 1.4% in January, which was the worst performance since August [1][2]. - The rebound of the dollar was attributed to the drop in precious metal prices and the appointment of Jerome Powell as the Federal Reserve Chairman [1][2]. Group 2: Currency Impact - The decline in precious metals has led to significant depreciation in currencies such as the Australian dollar, Swiss franc, and Swedish krona, which are heavily influenced by precious metal prices [1][2]. - Silver prices recorded the largest single-day drop in history, while gold prices experienced their largest decline since the early 1980s, ending a previous upward trend [1][2].

Core Viewpoint - The recent decline of the US dollar to a near four-year low is attributed to multiple factors, including the erosion of the Federal Reserve's independence, domestic political turmoil, and uncertainty in trade policies [2][8]. Exchange Rate Changes - The US dollar index fell to 96.219, a decrease of 0.84% in one day, with the euro rising to 1.1979 USD and the British pound to 1.3780 USD [2]. - The Japanese yen appreciated against the dollar, with 1 USD exchanging for 152.77 JPY, reflecting market speculation about potential intervention in the currency market [2]. Economic Fundamentals - The decline in the dollar's value is linked to the "confidence pricing logic" of exchange rates, where the dollar's status as a global reserve currency relies on the strength of the US economy and the independence of the Federal Reserve [3]. - Historical data shows that significant fluctuations in the dollar index are closely tied to the Federal Reserve's independence, which is currently under threat due to political pressures [4]. Trade Policies - Recent tariff increases on imports from South Korea by the Trump administration are seen as detrimental to market expectations, potentially leading to higher domestic inflation and retaliatory measures from trade partners [5]. - The unpredictability of US trade policies is causing global investors to reassess their positions in dollar-denominated assets, leading to capital outflows [5]. Political Environment - Ongoing political disputes between the Republican and Democratic parties regarding funding for the Department of Homeland Security raise concerns about a potential government shutdown, which could disrupt the release of key economic data [6]. - Historical precedents indicate that government shutdowns can negatively impact GDP growth, further eroding confidence in the dollar [6]. Currency Dynamics - The rise of the Japanese yen as a safe-haven currency is influenced by expectations of intervention in the currency market, as well as Japan's status as a major trading partner of the US [7]. - The offshore Chinese yuan has also seen fluctuations, recently falling below the 6.94 mark against the dollar, influenced by the overall weakness of the dollar and the relative stability of the Chinese economy [7]. Investment Implications - The current situation suggests that investors should diversify their currency holdings rather than solely relying on dollar assets, as the dollar's dominance may be weakening [8]. - Companies, especially those involved in imports and exports, are advised to implement currency hedging strategies to mitigate risks associated with exchange rate volatility [8].

剑桥全球支付公司的首席市场策略师卡尔·沙莫塔（Karl Schamotta)表示，特朗普在关税政策上没有表现 出后悔迹象，美国政府可能再次陷入"停摆"的情况，经济政策不确定性再次大幅升高。 截至纽约汇市尾市，1欧元兑换1.1979美元，高于前一交易日的1.1875美元；1英镑兑换1.3780美元，高 于前一交易日的1.3679美元。 新华财经纽约1月27日电（记者刘亚南）27日美元兑一揽子货币全面走低，美元指数当日持续走低，尾 盘时美元指数大幅下跌，降至近4年以来低点。 衡量美元对六种主要货币的美元指数当天下跌0.84%，在汇市尾市收于96.219。美元指数随后进一步下 跌至95.55，为2022年2月中旬以来的低点。美元指数中权重最大的欧元兑美元汇率自2021年以来首次站 上1.20整数关口。 美国总统特朗普27日下午对媒体表示，自己不认为美元已经下跌过度，并对当前美元表现予以肯定。他 的这一表态进一步刺激美元指数快速下跌。 市场预期美国和日本官方在对交易商进行汇率核查后，可能联合对外汇市场进行干预。这一预期刺激日 元兑美元在近日大幅走强。 1美元兑换152.77日元，低于前一交易日的154.18日元；1美 ...