Rampant U.S. dollar pushes euro below parity
admin The euro fell below parity to the dollar on Thursday, succumbing to the power of…
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EU hikes inflation forecast and cuts growth forecast
The European Commission has raised its inflation forecasts for the eurozone considerably and has slashed…
Read MoreEU Raises Eurozone Inflation Forecasts, Cuts Growth Outlook Due to Ukraine War
By Maria Martinez The European Commission has raised its inflation forecasts for the eurozone considerably…
Read MoreHong Kong Monetary Authority sells U.S. dollars to defend currency peg
The Hong Kong Monetary Authority, the city’s de facto central bank, sold U.S. dollars during…
Read MoreEuro takes fresh run toward parity after U.S. inflation hits 41 year high
Stronger-than-expected U.S. inflation provided the nudge to push the euro back toward parity against the…
Read MoreHere’s the alternative to U.S. dollar dominance — and it’s not a rival currency, gold or bitcoin
There’s a basic problem with the global financial system — it’s too focused on the…
Read MoreNomura forecasts a European Central Bank rate cut — before the ECB has even begun its rate-hike cycle
What goes up, must come down. In a new post on the global economic outlook,…
Read MoreCroatia to Join Eurozone in 2023
Croatia will join the euro area, replacing the kuna as its currency at the start…
Read MoreEuro pauses at parity. But what comes next?
In markets, big round numbers attract. But they often also provide support and offer resistance.…
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The U.S. dollar hasn’t been this strong in 20 years. Here’s what happened next.
A gutsy contrarian bet right now is that the strong U.S. dollar will weaken, particularly…
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