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ECB President Draghi

If the US is slowing down, Europe is headed for ‘an abrupt stop’

"We are now seeing a more persistent deterioration of external demand," European Central Bank President Mario Draghi said on Wednesday.

‘Welcome to gridlock’: Stock traders cheer, dollar investors jeer US midterm results

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 makes a speech during a ceremony marking the second anniversary of the attempted coup at the Presidential Palace in Ankara, Turkey, July 15, 2018.

Turkey’s lira is rallying after a $15 billion loan from Qatar

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."
A trader reacts as he watches screens on the floor of the New York Stock Exchange in New York

Stocks are getting whacked as Trump moves toward an all-out trade war with China

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%.
US President Donald Trump and China's President Xi Jinping

Trump launches peculiar attack on China and Russia for ‘playing the Currency Devaluation game’

President Trump slammed Russia and China for devaluing their currency, despite the Treasury saying neither of the two are currency manipulators.
US dollars are used in several countries around the world other than the United States, including Ecuador, Zimbabwe, and Myanmar, pictured above.

More than two dozen countries and territories use the US dollar as currency

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.

Dollar slides on Korean news; Asia lifts world stocks

The impact on stock...