Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
While the U.S. greenback has been extraordinarily strong in latest instances, in comparison with a myriad of fiat currencies worldwide, plenty of analysts and economists...
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
While the euro has discovered assist between 0.96 to 0.97 nominal U.S. {dollars} per unit, overseas alternate (FX) strategists from Citi imagine the euro may...
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
In 2022, the U.S. greenback has been very robust, regardless of the worldwide economic system’s downturn and the rising inflation worldwide. 12 days in the...
S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy
Today’s blustery world financial system has everybody on edge as inflation has wreaked havoc on the wallets of odd folks and vitality costs proceed to...
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
The world’s oldest fiat foreign money, the British pound sterling, slid to an all-time low towards the U.S. greenback at a bit after 1 a.m....
TD Securities Analyst Says Gold Sell-off May Not Be Over — Carry and Opportunity Cost Could ‘Drive Capital Away’
Precious metals markets proceed to flounder this week as gold’s worth per troy ounce has slid by 6.53% in worth towards the U.S. greenback over...
While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback
While the U.S. greenback has soared in worth towards a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% towards the dollar this week. During...
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
With the Ethereum Merge occasion now efficiently accomplished, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, because the United States authorities,...
Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’
On Friday, the official fiat foreign money of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a...
As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’
Two days in the past, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t elevated in the course of the previous few...