Meltdown 101: Why is the dollar weakening?MADLEN READ
Dollar Debasement: The Catalyst for Change? A key driver of Costa's bullish outlook on gold is his conviction that the U.S. dollar is significantly overvalued. "The dollar is now at probably at its most overvalue levels in history versus other currencies," he asserted. He believes that the...
With new interest rate cuts coming from the Federal Reserve (the Fed), the dollar is set to weaken, as interest rates are one of the main drivers of currency valuations. This means the U.S. consumer will suffer from even thinner buying power after inflation has already had its round of ...
So, if I come to you and I say, “Look, I want to use some of this dollar cost averaging, I want to get rich quickly, and the market is maybe coming off its peak”. Can you get me rich quick in a downturn? John Bailey
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...
and selling, general and administrative expenses rising significantly. Operating expenses increased 10.6% year over year in 2022 and 14.2% in 2023. Increments as such can deter investments, hurting profitability and weakening the company's appeal to investors seeking efficient cost management and robust...
“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...
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 weakeningco...
1. The Dollar Strengthens In 2015, the dollar was at a 12-year high against the euro.3 That placed pressure on market prices because commodity prices are usually quoted in dollars, and they will fall when the U.S. dollar is strong. ...
1. The Dollar Strengthens In 2015, the dollar was at a 12-year high against the euro.3 That placed pressure on market prices because commodity prices are usually quoted in dollars, and they will fall when the U.S. dollar is strong. ...