Tagged: #RealYields

How to Think About EUR/USD and Gold Now

The Fed eased pressure (rate −25 bps, balance sheet reduction halted) without turning on the money printer. The market’s main lever is U.S. real yields. If they drift lower, that supports the euro and...

Dollar at a Crossroads, Gold and Bitcoin

2025 has put the dollar under a spotlight: a deficit >6% of GDP, debt >100% of GDP, debt service north of $1T a year, and inflation stuck around ~3%. Against that backdrop, two clear...