Tag: Currency
Surprise in Japan’s leadership race jolts financial markets as the dollar soars against the yen | Fortune
An unexpected result in Japan’s leadership contest over the weekend rippled through global financial markets with the dollar surging against the yen on Sunday.
On...
The ‘Ghosts of 2007’ and the graybeard ‘Nifty 50’: BofA looks at the rare situation in markets and finds ominous parallels to the GFC and the dotcom bubble
The U.S. Federal Reserve’s looming decision on whether to cut interest rates in September 2025 is sparking heightened concern on Wall Street, as strategists...
The Money Doctor and ‘Captain Pakistan’: Steve Hanke on his last call with Imran Khan and the doom loop gripping South Asia
August 5th marked another grim day for Imran Khan, the former Prime Minister of Pakistan and one of the world’s greatest cricketers. It was...
The dollar is in decline because of a global ‘loss of faith in US leadership,’ Macquarie says
The U.S. dollar rose marginally on the DXY foreign currency index over the last 24 hours but no one really believes it will work...
The dollar is being punished for the jobs data that revealed how weak the U.S. economy really was
The dollar, which has lost value all year against foreign currencies, had been making a comeback in recent weeks. But Friday’s jobs number from...
Inside Gaza’s world of ‘cash brokers’ as currency disappears: ‘We lose nearly half of our money just to be able to spend it’
Cash is the lifeblood of the Gaza Strip’s shattered economy, and like all other necessities in this war-torn territory — food, fuel, medicine — it is in...
ECB’s Makhlouf says euro not ready to challenge dollar’s role
The euro cannot quickly supplant the dollar as the anchor of the world’s financial system as countries using it still have far to go...
