Home Tags US Dollar
Tag: US Dollar
"We are now seeing a more persistent deterioration of external demand," European Central Bank President Mario Draghi said on Wednesday.
Global markets were mixed after Democrats took control of the US House of Representatives while the Republicans retained control of the Senate.
Trump is reportedly preparing to weaken the dollar — here’s why it will be nearly impossible and won’t really fix anything
Interventions from major economies are rare except in the most exceptional circumstances, and are not usually undertaken simply because a leader is unhappy with the strength of their currency.
Turkish President Tayyip Erdogan tweeted: "I sincerely thank Sheikh Tamim and the Qatari people for standing by Turkey. There is no doubt that our strong relations with the friendly and brotherly state of Qatar will continue to evolve in many areas."
President Donald Trump has threatened an all-out trade war with China by announcing the possibility of tariffs on an additional $200 billion worth of Chinese goods. The S&P 500 is set to open lower by about 1%.
President Trump slammed Russia and China for devaluing their currency, despite the Treasury saying neither of the two are currency manipulators.
The US dollar is used as official currency in several countries besides the United States, including Ecuador, El Salvador, and Zimbabwe. In other countries, such as Panama and Cambodia, use USD alongside local currency.
The Russian ruble is getting killed for the second day running — and analysts think things could get worse
The ruble is down another 4% against the US dollar as sanctions continue to bite.
The impact on stock...
Reuters Asian cu...