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The ICE DXY dollar index closed May down 8.4% for the year, its worst performance for the first five months of any year on record, according to Dow Jones Market Data. It keeps falling today, amid ...
Switzerland’s success shows that a nation can revalue its way to prosperity, says Ruchir Sharma for the Financial Times.
Wall Street banks are reinforcing their calls that the dollar will weaken further, hit by interest-rate cuts, slowing ...
China has accused Donald Trump’s administration of violating its trade deal with the US as it vowed to re-escalate the trade ...
Yet Switzerland also defies the assumption that a strong currency will undermine a nation’s trading prowess by making its exports uncompetitive. Its exports have risen and are near historic highs both ...
Sentiment toward carry trades has been re-energized in recent weeks as global trade tensions have eased. A gauge of global ...
Novel in Africa at the time, ECOWAS's objective was clear and laudable: to foster economic integration.West African leaders converged on Lagos on 28 May to commemorate the golden jubilee of the ...
MUMBAI (Reuters) - The U.S. dollar's weakness since the start of Donald Trump's presidency has made it the preferred funding ...
Emerging market carry trades are taking off again, as currency volatility subsides amid signs President Donald Trump’s ...
The US Dollar Index (DXY), which measures the value of the US Dollar against six major currencies, is trading near 99.20 at ...
US Dollar Index has dropped nearly 10 per cent since a February peak on Trump trade turmoil. Read more at straitstimes.com.