Nobel laureate and noted economist Paul Krugman has poured cold water on the concept of a shared currency between Brazil and Argentina, c
US Stocks Look To Close Volatile Week On A High — Fed’s Preferred Inflation Gauge, New Home Sales Data, Tesla, AMC In Spotlight
December 23, 6:56 AM
Stocks could be in for a higher opening on Friday, as indicated by the trading in the index futures. Key economic data will have a bearing on the day’s market direction, although conviction in the potential move could be less due to the thin trading volume that is characteristic of pre-holiday trade.
December 19, 11:57 PM
The Russian rouble plunged to its weakest level in over seven months against the dollar on Monday and was on the path to its biggest single-day drop since July.
Bill Ackman Reveals Short Position Against Hong Kong Dollar: ‘Only Matter Of Time Before Peg Breaks’
November 24, 11:13 PM
Billionaire investor and founder of Pershing Square Holdings, Ltd. (OTC: PSHZF) Bill Ackman has revealed he has a large notional short position against the Hong Kong dollar saying the
November 24, 9:06 PM
Ghana's government is negotiating a new policy regime where it will use its gold rather than its U.S. dollar reserves to buy oil products, Vice-President Mahamudu Bawumia said in a Facebook post on Thursday.
Watch Out, Traders! Dollar Index Breaches Key Level As Greenback Firms On China COVID-19 Worries, Hawkish Fed
November 21, 3:55 AM
The U.S. dollar commenced the week on a strong note, with the dollar index rising 0.53% to 107.49, boosted by defensive buying as investors weighed in on a spike in COVID-19 cases in China.
October 21, 9:06 PM
It’s one of the many effects of the rise in interest rates in the United States: The Japanese yen has fallen to a 32-year low versus the dollar. The government in Tokyo will not allow its 10-year yield to rise above 0.25% — it’s a government finance policy mandate — so global investors avoid it in favor of the U.S. 10-year rate at 4%.
China’s Major State-owned Banks Seen Selling Dollars in Onshore Spot Market to Stabilize Yuan Exchange Rate
October 21, 5:05 AM
Cathie Wood Believes Something Similar To The Plaza and Louvre Accords Could Be Repeated: Here’s What Happened In The 1980s
October 17, 6:50 AM
Cathie Wood has said the significant appreciation in the dollar led by the ongoing aggressive policy of the U.S.