The U.S. Dollar is facing a cross-road where it could emerge victorious or it could collapse. The financial authorities like the International Monetary Fund (IMF), or the Federal Reserve (Fed) have done very little to reactivate the economy. The US Economic Data changes dramatically signaling a lack of balance in our monetary system, while countries like China depreciate their currency, effectively declaring economic war.
Still, most investors seek the safety of the US dollar when storm-clouds emerge, as the dollar has been the preeminent global reserve currency for most of the century. and its position as the world's preferred reserve-currency is undeniable. Yet, one of the striking changes in the global economy over the past decade and a half is the rising importance of emerging market economies, but the global financial crisis broke conventional views about the amount of reserves an economy needs to protect itself from the effects of global crises. It's up to you to get the information you need to secure your financial future, because everything that happens in the economic world, sooner or later will affect your pocket.
Markets primed for a huge day ahead in the US, with significant moves possible
The pound-to-dollar exchange rate (GBP/USD) hit two-week highs at 1.2565 on Tuesday before falling below 1.2500 and hovering around 1.2475 early ...
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A Strong U.S. Dollar Weighs on the World | Hacker News
... USD spreads and domestic economy/interest rates. All global economies are to some extent but since JPY is trusted and has had low interest rates ...
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1 INR to USD - Indian Rupees to US Dollars Exchange Rate - Xe
Get the latest 1 Indian Rupee to US Dollar rate for FREE with the original Universal Currency Converter. Set rate alerts for INR to USD and learn ...
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Silver Price Forecast: XAG/USD rebounds to near $26.50 despite hawkish Fed - Mitrade
The stronger Employment Cost Index bolstered the strength of the US Dollar. Silver price recovers its recent losses registered in the previous session ...
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GBP/USD Holds Below 1.2500 Ahead Of Fed Rate Decision - TalkMarkets
GBP/USD trades on a weaker note near 1.2490 on Wednesday. US Fed is anticipated to hold rates steady in its 5.25%'5.50% range for the sixth straight ...
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Schools pegging fees in US dollar, black market rates warned - The Herald
Government has warned public and private schools to desist from charging school fees exclusively in United States dollars or pegging at illegal black ...
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Rupee recovers 4 paise to 83.41 against US dollar - The Hindu BusinessLine
Rupee gains 4 paise against US dollar on capital inflows and greenback strength, tracking equities and oil prices.
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US Dollar Dominance: Why USD Is the World's Reserve Currency - Bloomberg.com
The dollar's dominance tracks with the ascent of the US as a global superpower following World War II. Since then, investors have relied on dollars ' ...
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Why has the yen fallen to a decade's low and what does it mean for Japan's economy'
Japan intervened in the currency market three times in 2022, selling US dollars it holds in reserve in order to buy yen. Tokyo is estimated to have ...
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Rupee recovers 4 paise to 83.41 against US dollar - Deccan Herald
Mumbai: The rupee recovered 4 paise to 83.41 (provisional) against the US dollar on Monday, tracking foreign capital inflows and a strengthening ...
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Ringgit closes marginally lower against US dollar ahead of Fed meeting - The Star
KUALA LUMPUR: The ringgit closed marginally lower against the US dollar on Tuesday as the greenback stayed firm ahead of the US Federal Reserve ...
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Immigration News: During last month's address to Congress, Trump said he wanted to move toward a merit-based system for legal immigration.While America has a number of short-term visa programs for skilled foreigners, the bulk of immigrant visas - those with a direct path to permanent residency - are awarded on the basis of a family relationship. There are an estimated 800,000-plus illegal migrants living in LA. The city decided back in 1979 that its police would not cooperate with federal immigration agencies and the LAPD ended the practice of stopping people exclusively to find out about their legal status. This policy has been maintained by both Democratic and Republican administrations. READ MORE HERE
Corporate News: Just a few days after being sworn in as president, Donald J. Trump convened a meeting at the White House of some of the nation’s most prominent chief executives to discuss how to improve manufacturing. Mr. Trump was joined by Elon Musk of Tesla, Mark Fields of Ford, Andrew Liveris of Dow Chemical, Marillyn A. Hewson of Lockheed Martin and Michael Dell of Dell, among others . READ MORE HERE