e dollar weakening? Meltdown 101: Why is the dollar weakening?Meltdown 101: Why is the dollar weakening?MADLEN READ
Why Is the Dollar Weakening?
Calls to devalue the dollar and perhaps end its status as the global reserve currency are irresponsible, economist Joseph Brusuelas writes in a guest commentary.
Currency investors are grappling with two competing narratives as the debate around the possibility of a US recession rages on. One camp believes that a recession is good for the US Dollar (USD). The other camp argues that excessively high valuations and narrowing interest rate differentials with ...
last year, following a revised 3.3 per cent retreat in the previous quarter, the Cabinet Office reported on Thursday. The report showed both households and businesses cut spending for a third straight quarter as Japan’s economy slipped to fourth-largest in the world in dollar terms last year....
Pain Trade #2: Why Apple Is No Longer a Buffett Favorite That’s right. Warren Buffett cut as much as 50% of his stake in Apple stock during the past quarter. While he quoted the sale as being driven by tax efficiency purposes, a deeper reason could be related to the weakeningconsumer...
“At the same time, our debt service has also been increasing and is much higher than our neighbours. The combination of all these factors has led to the weakening of the shilling.” The CBK governor spoke in a briefing on the Monetary Policy Committee December meeting, in which the regu...
The Treasury has flagged the risk of further weakening of the Kenya shilling, dollar shortages and increased debt as Kenya struggles to raise an extra Sh160 billion to clear the outstanding Eurobond debt. In a preliminary circular offered, the Treasury says its options of tapping local forex rese...
As for abolishing yield curve control (YCC), this move is long overdue. Since 2022, the YCC policy has been gradually weakening. Although the end has been announced, the Bank of Japan has not given up its ability to guide the bond market. Debt purchases will continue, but nominal targets...
" Hans Gunther Ritter, the head of trading for Heraeus Precious Metals, said in a statement. "There is still growth potential for gold allocations in investment portfolios as interests remain low for longer. To some degree gold replaces the US dollar, which typically benefits during a crisis....