DXY US Dollar Currency Index

Business

‘Do not bet’: China’s central bank warns against yuan speculation

Today News || The Chinese yuan weakened past the closely-watched 7.2 level against the greenback this week. Getty Images BEIJING…

Read More »
Business

Larry Summers blasts UK tax cuts as ‘utterly irresponsible’ and warns of possible contagion

Today News || Larry Summers Cameron Costa | CNBC LONDON — Former U.S. Treasury Secretary Larry Summers on Tuesday warned…

Read More »
Business

Pound tanking, massive tax cuts and talk of emergency hikes. Here’s what’s going on in the UK

Today News || Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp…

Read More »
Business

Britain pursues ‘trickle-down economics’ despite scorn from Biden. And the stakes are sky-high

Today News || British Prime Minister Liz Truss and U.S. President Joe Biden formally met for the first time at…

Read More »
Business

Bank of England hikes by 50 basis points, says UK may already be in recession

Today News || The Bank of England warned that the U.K. will enter recession later this year. The expected recession…

Read More »
Business

Why China’s central bank is shoring up the yuan

Today News || The Chinese yuan has tumbled to two-year lows against the U.S. dollar in the last few weeks.…

Read More »
Business

Turkey’s skyrocketing inflation is flashing warning signals for Gulf banks

Today News || General view of Emirates NBD Bank on January 3, 2017 in Dubai, United Arab Emirates. Tom Dulat…

Read More »
Business

Market jump after Fed rate hike is a ‘trap,’ Morgan Stanley’s Mike Wilson warns investors

Today News || Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s…

Read More »
Business

This ‘crypto winter’ is unlike any downturn in the history of digital currencies. Here’s why

Today News || There’s something about the latest crypto crash that makes it different from previous downturns. Artur Widak |…

Read More »
Business

Another ‘algorithmic’ stablecoin has fallen below its $1 peg — but experts say it’s not ‘Terra 2.0’

Today News || Cryptocurrencies have been under immense pressure after the collapse of a so-called stablecoin called terraUSD. Umit Turhan…

Read More »
Back to top button
Close