June was bitcoin’s worst month since the last bear market, and July opened with a final flush. The token touched $57,748 on Wednesday — the lowest price since March — before stabilizing near $60,000. From the May peak of $82,792, bitcoin has now fallen 30%, a full-scale drawdown that has erased the spring euphoria and, […]
The second quarter closes today, and the headline numbers suggest a snoozer. Don’t be fooled. EUR/USD ends Q2 at 1.1438, down modestly from its late-March levels. USD/JPY closes near 161.45, up a few percent. GBP/USD at 1.3353 is roughly where it started April. On the surface: range-bound markets, nothing to see. But the quarter’s real […]
With June nearly closed, it’s a natural moment to zoom out and score the first half of 2026 in FX. The winners The US dollar, first and unambiguously. EUR/USD ends June near 1.1438, down from around 1.17 in early May and trending lower since spring. USD/JPY at 161.45 is up nearly 2 yen from where […]
After five weeks of almost uninterrupted strength, the dollar rally is showing its first honest signs of fatigue. EUR/USD has based around 1.1386 after touching 1.1325 last week, refusing to make new lows despite repeated tests. USD/JPY has stalled at 161.8, unable to extend beyond the mid-June highs. GBP/USD found buyers at 1.3143 and has […]
USD/JPY closed Tuesday at 161.79 — the highest finish of 2026 — and the distance between what Japan wants and what Japan can do has never looked wider. The problem in one paragraph Japan’s economy needs a weaker yen to keep exports competitive and inflation positive. But at 161, the currency’s decline is feeding import […]