Browsing: currency
By propping up the yen, the US and Japan are admitting dollar dominance isn’t what it used to be
Last week’s attempt to boost the sagging yen wasn’t the first time the U.S. and Japan took such joint action,…
U.S. Treasury sells euros, not dollars, to help lift yen. Economists warn it could backfire
The U.S. is stepping in to help boost Japan’s yen for the first time in nearly three decades after the…
The yen rallied sharply on Monday amid speculation that authorities may have intervened to prop up the currency again after…
The dollar’s demise has been predicted for 55 years. The BCG Institute says it’s still overstated
Over the past year or so, obituary writers have taken aim at the U.S. dollar. They’ve spilled ink over the…
Scott Bessent says $1 coin with Trump’s face on it will ‘honor the enduring legacy of liberty’ with a ‘lasting symbol of patriotism’
The U.S. Mint is now producing a $1 coin featuring President Donald Trump’s face, tied to celebrations of America’s 250th…
Yen crashes as Japan’s debt crisis hits currency markets, and interventions are ‘doomed to fail’
Japan’s yen is resembling a slow-motion train wreck as it remains stuck near 40-year lows, and there could be even…
Trump has turned the dollar into a foreign policy tool, a move economists say could backfire
For decades, the U.S. largely held off on approving currency swaps with foreign powers, save for rare circumstances. When it…
China will continue stagnating as an ‘incomplete superpower’ until it can match U.S. financial might
President Donald Trump’s summit with Chinese counterpart Xi Jinping ended last week without a major breakthrough, but still achieved Beijing’s…
Iran may have a higher tolerance for economic pain—but 100% inflation in just days hits some items
Iran’s regime has so far withstood U.S. and Israeli bombardment, but the economic forces that sparked the most serious conflict…
Iran’s crumbling economy is the regime’s greatest weakness as authorities worry about making payroll
The Iranian economy was already in shambles before the U.S. and Israel launched their war on the Islamic republic, and…












