Last week, the U.S. dollar etched a new entry in the financial history books when it briefly traded above parity with the euro EURUSD, -0.51% for the first time in Read more
Tag: Money/Forex Markets
Opinion: Our bill for easy money is coming due: Prepare for low and volatile returns — or the long-delayed financial market reckoning.
Until recently, good news (a solid rebound from the COVID-19 pandemic) was bad news (higher interest rates). Now, bad news (an economic slowdown) is good news (accommodative policies). For investors, Read more
Rampant U.S. dollar pushes euro below parity
The euro fell below parity to the dollar on Thursday, succumbing to the power of a rampant buck as traders raised bets that surging U.S. inflation will force the Federal Read more
Here’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 U.S. dollar. Yes, the U.S. is the world’s largest economy, but the dollar represents 60% Read more
Deutsche Bank: here are four reasons why the dollar will continue to strengthen past parity with the euro
As Europe’s energy crisis and slowing economy weigh on the euro, Deutsche Bank’s George Saravelos noted Wednesday that “safe haven” demand has driven the U.S. dollar to its strongest level Read more
Dollar soars as recession fears finally hit the round-the-clock currency market
U.S. and global recession fears have finally hit the round-the-clock currency market after more than a month of evaluation by traders — sending the dollar to its highest levels of Read more
Gold heads for fourth straight day of declines as aggressive Fed diminishes metal’s luster
Gold weakened for a fourth day on Thursday as expectations for aggressive action by the Federal Reserve diminished the precious metal’s luster. Silver prices also softened, heading for their third Read more
Here’s why this trader is piling back into one of the year’s hottest commodities
The end of June is nigh and good riddance. Down about 7%, only March has delivered a win for S&P 500 SPX investors this year, as pandemic fallout has been Read more
Here’s why this trader is piling back into one of the year’s hottest commodities
The end of June is nigh and good riddance. Down about 7%, only March has delivered a win for S&P 500 SPX investors this year, as pandemic fallout has been Read more