Global FX Market Summary: Dollar Slides on China Shift, Gold Surges Above $5K, Fed Easing Bets Rise, Yen Strengthens, Safe Havens Reset — 9 February 2026
China cuts Treasuries, weakening dollar; central banks buy gold above $5,070; Fed easing bets grow; yen strengthens; gold stabilizes rangebound. The Geopolitical Erosion of the Greenback The primary tremor shaking the global financial foundation is the reported directive from Chinese authorities for domestic institutions to aggressively scale back their US Treasury exposure. This strategic pivot,
