- December 23rd, 2024
The Japanese yen lingered near a three-month low against the U.S. dollar on Tuesday as Japan’s ruling coalition fell short of a parliamentary majority in weekend elections, stirring concerns about the country’s political and economic trajectory. Meanwhile, the U.S. dollar,...
The U.S. dollar hovered close to an 11-week high against major currencies on Friday, buoyed by robust economic data from the U.S. and growing speculation over a potential election victory for former president Donald Trump. While Asian stock markets reflected...
In early Monday trades in Asia, the U.S. dollar extended its recent gains, continuing a trend that has been largely driven by market skepticism about further aggressive rate cuts from the Federal Reserve and disappointment over China’s lackluster weekend stimulus...
The US Treasury Secretary, Janet Yellen faces growing concerns as influential bond investor Bill Gross highlights an emerging risk to US Treasury securities: the November election. In recent interviews, Gross, the former chief investment officer of Pacific Investment Management Co...
The price of gold has reached a peak at a time of maximum peril for the US dollar, causing new bouts of PTSD for the Asia region. The real problem is a trifecta of concerns that are moving to center...
Russia's increasing use of the Yuan indicates a need for a diverse and adaptable approach to global finance. The yuan due to the war in Ukraine and Western sanctions may undermine the US dollar, according to the European Bank for...