Browsing: currency
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…
Iran’s currency has plunged so much in value that Tehran plans to chop off four zeros from the rial
The economic commission of Iran’s parliament revived long-delayed plans on Sunday to cut four zeros from the country’s plunging currency,…
Markets can’t be bullied, and the US could face a financial crisis ahead of next year’s midterm elections, former IMF official says
The world is losing faith in the dollar, and the U.S. could suffer a financial crisis next year, according to…
The euro cannot quickly supplant the dollar as the anchor of the world’s financial system as countries using it still…
The Dow Jones rose 396 points, for a 1% gain, on Tuesday, as investors mostly rotated out of the tech…
This overlooked risk to financial markets usually lurks quietly under the surface. But now it’s ‘shouting, not whispering’
President Donald Trump’s trade war has focused much of Wall Street’s attention on the U.S. current account deficit, or the…
Many on Wall Street—and in the White House—believe the greenback’s decline has been a long time coming. Heading into 2025,…
U.S. Treasury won’t label China a currency manipulator but blasts it for lack of transparency in exchange rate policy
The U.S. declined to label China a currency manipulator in a new Treasury report released Thursday, but accuses Beijing of…
Ireland joins the likes of China and Vietnam on list of countries the U.S. is monitoring for currency manipulation
The U.S. has added Ireland to a list of countries it is keeping tabs on owing to a large and…
Global chaos and looming trade wars set the stage for a ‘global euro moment’ as trust in the EU surges
Trust in the European Union has soared to a nearly two-decade high, per the latest Eurobarometer poll released by the…












