June 10, 2024 Christopher Hayes, in ‘Twilight of the Elites,” states that only “1% now lay claim to nearly a quarter of the total economic […]
Tag: Dollar
He who Owns the Gold Makes the Rules
July 16th, 2024 Let DJT be the catalyst for the obvious reforms our experiment with Democracy needs. The abhorrent truth is not so much what […]
US Dollar ticks up in calm markets bracing for Fed speakers
The US Dollar trades up despite Fed’s Kashkari confirming further rate cut path. Although the bond market is closed, rates pushing the Greenback higher The US Dollar […]
Dollar pauses for breath after US data, eyes on French and British economies
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) -The dollar paused near a two-month high against a basket of peers on Friday, as traders digested […]
New Zealand Dollar attracts some sellers as RBNZ cuts interest rate by 50 bps
The New Zealand Dollar edges lower in Wednesday’s early European session. RBNZ cut the interest rate by 50 bps to 4.75% as anticipated. The September FOMC […]
Australian Dollar drops after China’s NDRC press conference
The Australian Dollar extends downside in Tuesday’s early European session. Chinese officials disappoint traders without more major stimulus, dragging the Aussie; hawkish remarks of the […]
Canadian Dollar recedes on Friday despite uptick in GDP
The Canadian Dollar fell across the board on Friday. Canada saw a higher-then-expected GDP print from July. US PCE inflation data dominated Friday’s headlines. The […]
US Dollar adds further losses as the Fed could announce a larger cut next week
US Dollar depreciates as investors digest inflation data. Fed rate cut expectations rise following dovish comments. On the data front, Consumer Confidence improves slightly in […]
Dollar slumps 1% versus yen as US election debate gives Harris momentum
By Kevin Buckland TOKYO (Reuters) -The dollar slumped more than 1% against the yen on Wednesday to its weakest level of the year after Kamala […]
Australian Dollar remains subdued despite a positive China Trade Balance
AUD/USD recovers its intraday losses following the release of China Trade Balance data. China’s Trade Balance increased to CNY 649.34 billion in August, from the previous reading […]