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Update from North America
Sterling sinks on political risks
May 15, 2026·4 min read
In the NewsMay 15
Dollar Rallies Toward Best Week Since March on Fed Hike View
A gauge of the greenback is up more than 1% this week, on track for its best performance since mid-March. Two back-to-back inflation reports this week have spooked Treasury investors and spurred one Fed official to say the US has “got an inflation problem.”
3 min read
ReadUpdate from North AmericaMay 15
Markets afraid, U.S. Dollar hits best in about a month
A global selloff of bonds based on fears about whether oil supplies from the Middle East will normalize has fueled a retreat from optimism that had been experienced earlier in the week. The Buck’s steady upward run this week is about to be the longest streak of strengthening since March. Risk-market
2 min read
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