With Markets in Disarray, International Investors Are Stockpiling U.S. Dollars
Foreign investors selling stocks and bonds are hoarding the U.S. dollar as market volatility picks up. Typically investors repatriate cash into their local currency, but...
‘The economy is going to collapse,’ says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’
Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with...
A Strong Dollar, a Weak Yen: Why the Gap Could Drive Inflation Even More
Text size The Japanese Yen has declined sharply against the U.S. dollar this year, which could create another destabilizing force for the global economy. Behrouz...
Coinbase stock slides toward all-time low as crypto trading falls off
Coinbase Global Inc. swung to a loss in its most recent quarter and posted lower-than-expected revenue as it lost 2.2 million crypto traders from its...
Dollar dips to end trading week but set for weekly gain
This photo illustration shows Japanese 10,000 yen banknotes in Tokyo on November 19, 2021. Behrouz Mehri | AFP | Getty Images The dollar slipped on...
Bitcoin Keeps Plunging and There’s No Sign of Stopping. Where the Bottom May Be.
Cryptocurrency prices tumbled over the weekend and into Monday, with Bitcoin nearing a yearly low as investors continued to dump risky assets amid a tough...
The Bank of Japan Faces a Challenge of ‘Historic Proportions’: Morgan Stanley
Jim Caron of the investment bank discusses the central bank’s commitment to its policy of yield curve control. [ad_2] Source link...
Global Markets Fall on Rate Hike Fear, Russia
U.S. markets were on track to open lower on Wednesday, after a Federal Reserve official’s comments fueled expectations of more aggressive rate hikes and the...
Countries may want to diversify away from the U.S. dollar: Think tank
The U.S. has been “extremely trigger-happy” with stinging economic measures, and central banks may decide to diversify their portfolio of foreign reserves instead of relying...
Russia stokes fears of first foreign currency default in more than a century
Russian Finance Minister Anton Siluanov said Wednesday it is up to the U.S. to decide whether crucial interest payments on two dollar-denominated eurobonds go through,...