Meltdown 101: Why is the dollar weakening?MADLEN READ
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is residing below the 104.00 marker this Thursday in a week filled with turmoil. Besides warning signs from the European Central Bank
NEW YORK (April 4) The US Dollar (USD) is showing divergent behavior against counterparts depending on their risk profile, according to Strategists at BBH. Whilst it is mostly falling against commodity currencies due to an improved outlook for global gro
In recent months, the government has insisted that the economy is “picking up". But it said it now expected the economy to Femain weak for some time, with “weakening" exports a chief concern. It said shipments to Asia in particular were becoming weaker, further hitting exporters that are...
The New York Times, Los Angeles Times, NBC Nightly News, and other outlets make sure voters can easily find out what issues affect the nation. Is terrorism on the rise? Is the dollar weakening? The network news hosts national debates during presidential elections, broadcasts major presidential ...
Understanding the USDX Purpose TheUSDXcan provide investors and consumers with insight into the relative strength of the dollar and how it might affect prices for goods and services as well as demand for imports and exports. It can also shed light on reasons for the state of the economy. ...
Anthony Ruggiero, a North Korea expert at the Foundation for the Defense of Democracies, said the U.S. could try to prod Beijing to take a tougher line on North Korea by exploiting Chinese banks and other companies' desire for access to the U.S. dollar. ...
the United States began raising interest rates substantially, leading to capital outflows from China as the dollar became a more attractive asset and many global currencies weakened. I don't believe these two factors will continue; inflation in the US is decreasing, and I don’t foresee the ...
Increased expectations of a pause in Federal Reserve rate hikes and a weakening dollar have set the precious metal on a rally and on course for its best week since April. Strong bank earnings and a resilient economy, however, seeded some doubt about the Fed’s next moves and knocked gold ...
“The collective impact in the short run is that people are pausing, they’re pulling back,” Fink told CNN’s Kayla Tausche in an exclusive interview. “Talking to CEOs throughout the economy, I hear that the economy is weakening as we speak.” President Donald Trump on Wednesday forged...