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The dollar rose against major currencies on Friday after data showed better-than-expected U.S. jobs growth in May despite a ...
Here’s our advice for investors, based on the evidence from the past 40 years.
The BRICS countries — led by Brazil, Russia, India, China and South Africa — are actively working to reduce their reliance on ...
Realistically, global use of the euro will have to increase massively for it to replace the dollar anytime soon, but it seems much more likely now than it did three months ago.
Uber announced this week that Family Dollar is being added to its Uber Eats platform, expanding the delivery app’s growing portfolio of retail partners that allow customers to order groceries ...
Mr Christopher Wong, an FX strategist at OCBC, noted that the Singapore dollar has strengthened about 5.8 per cent so far this year.
That was a relatively easy pressure valve to release back in 2018 and 2019, as the yuan started the trade war at a relatively elevated value (6.4 to the dollar or so) and China was comfortable ...
But economists worry that the recent drop in the dollar is so dramatic that it reflects something more ominous as President Donald Trump tries to reshape global trade: a loss of confidence in the ...
But economists worry that the recent drop in the dollar is so dramatic that it reflects deeper investment concerns as President Donald Trump tries to reshape global trade. The dollar's dominance ...
The other set of comments is about economics, that Trump is trying to devalue the dollar so that American exports become competitive. The simple answer to this is that a global reserve currency is ...
Monetary policy. Interest rates influence investments, which in turn impact the dollar value. High interest rates are more desirable to investors so the demand for the dollar increases.