Japan’s finance minister says ‘speculative’ moves in currency market impacting yen
The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting |...
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, Nov. 14, 2022. Bloomberg | Bloomberg | Getty Images The Central Bank of...
NewEdge Wealth sees record rush intensifying
The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year typically creates a bigger appetite...
Zombie firm bankruptcies amid Fed interest rate hikes
In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these firms have survived for several years...
SEC’s Gary Gensler Had Crypto in His Sights for Years. Now He’s Suing Binance and Coinbase.
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Paper Money Diehards Refuse to Fold: WSJ
Many businesses take payment only by card or phone, but a pro-cash movement is urging people to ‘Resist! Defy! Don’t comply!’ [ad_2] Source link...
The Air Has Come Out of the Dollar: WSJ
The U.S. economy no longer looks so exceptional. That is bad news for the dollar. An almost decadelong runup has left the greenback heavily overvalued, some...
Central banks end crisis offer as bank system fears ease
Major central banks are standing down from their offer of daily emergency dollar loans to banks, a crisis step launched after the collapse of Silicon...
‘How to Buy Gold’ Hits a Google Record as Crypto Investors Chase World’s Oldest Asset: WSJ
The old-school precious metal has new allure for a generation seeking a respite from the cryptocurrency roller coaster. [ad_2] Source link...
Gold is an important hedge against currency weakness, says First Eagle’s Mall McLennan
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Matt McLennan, First Eagle, joins ‘The Exchange’ to discuss sovereign credibility crisis...