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Commonwealth Bank FX strategist Samara Hammoud said the dollar index remained under pressure in Asian trade near 98.8. Concerns about fiscal dominance, US government debt sustainability and a weakening dollar are likely to keep USD pressured this wee

2026-08-24

Commonwealth Bank FX strategist Samara Hammoud said the dollar index remained under pressure in Asian trade near 98.8. Concerns about fiscal dominance, US government debt sustainability and a weakening dollar are likely to keep USD pressured this week. US Treasury Secretary Bessent has raised market expectations for a fiscal consolidation package to be announced this week. The 2025 Department of Government Efficiency (DOGE) showed episode how hard it is to cut spending or raise taxes; if consolidation measures are limited, markets could be disappointed and the dollar further weakened.

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2026-08-23

The Norwegian government plans to provide 85 billion Norwegian kroner in support to Ukraine in fiscal year 2027.

The Norwegian government plans to provide 85 billion Norwegian kroner in support to Ukraine in fiscal year 2027.
2026-08-24

ECB Executive Board member Cipollone: The risk of economic stagnation and a sharp rise in inflation is quite low.

ECB Executive Board member Cipollone: The risk of economic stagnation and a sharp rise in inflation is quite low.
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