Traditional safe havens — Treasuries, the yen, the Swiss franc, and gold — have offered investors no refuge as the Middle East conflict roiled markets this week.
Hedge funds are betting on more pound weakness as UK Prime Minister Keir Starmer’s future hangs in the balance.
The dollar is heading for its weakest annual performance in eight years, and the options market is signaling that traders are preparing for more downside in the final sessions of 2025.
The euro is set for its best weekly performance in 16 years after Germany’s historic pledge to ramp up spending for defense and infrastructure.
Volatility is back — at least a little — heading in to a week filled with central bank interest-rate decisions and quarterly earnings for some of the world’s biggest companies.
The dollar is heading for its worst week since the pandemic struck, yet analysts think a long-running stampede for the greenback isn’t over yet.