Dollar has lost some of its safe-haven status, ING report says | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration [Purchase Licensing Rights, opens new tab]LONDON, Feb 23 (Reuters) - The dollar has lost some, but not all, of its safe-haven value since 2024, ING said in note on Monday, adding however, that it saw no broad deterioratio ...

Analysts have warned that the federal debt of the United States could reshape global markets in the next decade. According to new Congressional Budget Office (CBO) projections, the U.S national debt is on track to hit $64 trillion by 2036. Related: U.S. debt worries sends crypto stocks crashing $64 trillion becomes the base case Fresh estimates show federal debt is set to surge by roughly $2.4 trillion per year over the next 10 years. If current assumptions hold, total debt will double from 2023 level ...

The yuan: China’s consumer-price index is almost exactly where it stood in mid-2022, and during 2025 the growth in prices was negative. Due to shrinking households stemming from the one-child policy enacted decades ago, China’s domestic economy is in a decline that cannot be reversed. GDP growth has shrunk to 5% currently from 8.6% at the beginning of this century.Cryptocurrencies: Among crypto’s many attributes, it has emerged as an uncorrelated hedge against a declining economy. But the bloom is off the r ...

Global Equity Markets - Global equity markets displayed a mixed performance over the weekend, with European and U.S. indices largely flat or slightly positive, while some Asian markets saw minor declines [2][3][9] - The German DAX posted a modest gain of 0.10%, closing at 24790, and the U.S. NASDAQ saw a slight increase of 0.12%, reaching 25048 [2][3] - The Dow Jones Industrial Average experienced a marginal dip of 0.01%, ending at 50092, while the UK's FTSE 100 registered a minimal uptick of 0.01% to 10405 [3][9] - Asian markets showed a slight downturn, with the Hang Seng Index declining by 0.11% to 27012, indicating a period of consolidation across international bourses [3] Commodity Market - The commodities sector presented a stark contrast, with precious metals outperforming energy [4] - Gold prices rose by 0.29% to 4979, while Silver saw an even stronger rally, climbing 0.65% to 7842, indicating increased demand for safe-haven assets [4][9] - Conversely, the energy market witnessed a notable decline in crude oil prices, with US Oil falling by 1.21%, settling at 6262, attributed to concerns over global demand and increased supply [5][9] Currency Movements - In the foreign exchange market, the Euro showed a slight upward trend against the U.S. Dollar, with the EURUSD pair increasing by 0.09%, trading at 11828 [6][9]

Core Viewpoint - President Donald Trump nominated Kevin Warsh as the next chair of the Federal Reserve, which is seen as a safer choice by market watchers compared to other candidates previously discussed [1] Group 1: Nomination and Background - Kevin Warsh became the youngest member to serve on the Fed's board of governors in 2006 and held the position until 2011 [2] - Warsh's experience includes working with renowned investor Stanley Druckenmiller, enhancing market confidence in his qualifications [2] Group 2: Market Reactions - Warsh's nomination positively impacted the U.S. Dollar while causing a decline in precious metals prices, such as gold and silver [3] - The Fed's independence has been a crucial factor in the precious metals trade, and Trump's dissatisfaction with the Fed's interest rate policies has raised concerns [4] Group 3: Economic Context - The U.S. is facing an affordability crisis characterized by rising inflation, housing unaffordability for younger adults, and stagnant wage growth [4] - The Trump administration's attempts to influence the Fed, including the removal of Governor Lisa Cook and the subpoena of Chair Jerome Powell, have raised questions about the Fed's independence [5][7] Group 4: Implications of Interest Rate Policies - Lowering interest rates could improve affordability but may also risk reaccelerating inflation or leading to stagflation if not justified economically [6] - The controversy surrounding the subpoena of Powell highlighted the administration's pressure on the Fed, which Powell defended by stating that interest rates should be set based on public service rather than presidential preferences [8]

Core Viewpoint - The Swiss Franc Trust Currencyshares (FXF) is gaining attention as the U.S. dollar continues to decline, with the Swiss franc becoming increasingly attractive as a safe-haven currency amid global economic uncertainty [1][2]. Group 1: Currency Performance - The U.S. dollar has been on a downward trend, while the Japanese yen is showing signs of recovery, leading to a surge in the Swiss franc, which is approaching levels not seen in over a decade [1]. - The Swiss franc is viewed as a "gold" of the currency world, especially as the U.S. dollar loses its appeal [3]. Group 2: Safe-Haven Status - Switzerland's low debt, stable government, and historical neutrality make it a preferred destination for investors seeking safety during times of political and economic turmoil [3]. - The current global climate, characterized by trade wars and inflation, drives investors to seek refuge in the Swiss franc [3]. Group 3: Economic Stability - Switzerland has almost no inflation, currently around 0.1%, allowing the franc to maintain its value better than many other currencies [6]. - In contrast, the U.S. dollar is losing purchasing power at a rate of 3% to 4% annually due to inflation, making the Swiss franc a more stable option for protecting investment portfolios [6].

Key Takeaways "The dollar's supremacy is cracking," Nigel Green, founder of financial advisory firm deVere Group, wrote Wednesday morning. "When leaders and policymakers appear unconcerned about sharp declines, traders assume volatility will persist." Some dollar watchers are now looking toward what Fed Chair Jerome Powell might say about the dollar later today after the central bank's latest interest-rate decision. Over the longer term, many strategists expect gold prices to continue climbing, and weakness ...

Markets don’t usually shout to get your attention when a paradigm shifts. But they do tend to whisper in unison pretty loudly when historical relationships start to break. In this Market on Close clip, Senior Market Strategist John Rowland, CMT, highlights a rare alignment across global markets that historically only appears during periods of financial stress: More News from Barchart Japanese long-term yields are moving parabolically The U.S. dollar is breaking a 14-year structural trend Gold and ...

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in relation to investments in cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party materials intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for investment actions [1]. - The accuracy and reliability of the information are not guaranteed, and users are cautioned against relying solely on the content provided [1]. Group 2 - The website discusses the complexities and high risks associated with cryptocurrencies and CFDs, highlighting the potential for significant financial loss [1]. - It encourages users to conduct their own research and fully understand the instruments and risks involved before making investment decisions [1].

Core Viewpoint - President Trump downplays concerns about the declining value of the U.S. Dollar, asserting it is "doing great" despite the U.S. Dollar Index (DXY) hitting a four-year low of 95.66 against other currencies [2]. Group 1: Dollar Value and Economic Impact - The U.S. Dollar has decreased by 2.09% over the past month and 10.6% since Trump took office, amid various fiscal and macroeconomic uncertainties [2]. - Economists suggest that a weaker dollar could benefit U.S. companies with international exposure, making American exports more competitive [3]. - The Invesco DB US Dollar Index Bullish Fund (NYSE:UUP), which tracks the U.S. Dollar Index, has seen a decline of 1.16% on Tuesday, closing at $26.47 per share, and is down 9.38% over the past year [4]. Group 2: Criticism and Alternative Perspectives - Economist Peter Schiff criticizes Trump's stance, questioning why the U.S. economy, described as the "hottest," has the "coldest currency," highlighting the dollar's decline against the Swiss franc [4]. - Anna Wong, Chief Economist at Bloomberg, notes that Trump has consistently shown a preference for a weaker dollar, which aligns with his long-standing views on trade competitiveness [3].