Rabobank’s Senior FX Strategist Jane Foley reviews recent United Kingdom (UK) data against Eurozone performance. Foley notes Eurozone Q2 Gross Domestic Product (GDP) at 0.4% q/q and a 0.7% UK upturn in the three months to May. However, UK monthly data show sectoral contractions and composite PMIs in May and…
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DBS Group Research Strategist Chang Wei Liang highlights that the Japanese Yen (JPY) remains undervalued but that this undervaluation has narrowed after Japan’s second FX intervention of 2026, conducted jointly with the United States (US). Liang stresses that rare co-ordinated action, last seen in 2011, aims to curb JPY weakness and ease pressure on Asian currencies such as South Korean Won (KRW) and Renminbi (RMB).Coordinated action supports Asian FX”Co-ordinated FX intervention between the US and…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against…
Steve Jobs’ son thinks San Francisco’s pandemic-era real estate slump helped shift Silicon Valley’s center…
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I had two days in Cleveland and one thing I’d wanted to do for years: Visit the Rock and Roll Hall of Fame.The best flight option was with the budget carrier Frontier Airlines, and it was departing Denver at 6:45 a.m.To make it on time, I’d have to wake at…
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View MorePresident Donald Trump blasted New York City’s new pied-à-terre tax and said his administration is examining whether the federal government has legal authority to intervene, escalating a fight over a surcharge targeting luxury second homes. Trump argued in a Truth Social post Tuesday that the tax could ultimately cost New…
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School: University of Michigan-Ann ArborPopulation: 122,233Home to the University of Michigan and its over 50,000 students, Ann Arbor is the best and most distinct college town in the US.College culture is deeply woven into the city’s landscape, where campus buildings blend into a walkable downtown filled with restaurants, bookstores, cafés,…
