Investors have been piling into the dollar since late last year, concerned about the potential inflationary effect of US trade tariffs and how that might influence monetary policy. Traders pared ...
Why? Because it was made on behalf of President Andrew Jackson, and all eight of them known to be made were to be given as gifts during diplomatic trade missions. The Mint hadn’t produced silver ...
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BENGALURU (Reuters) - A crowded strong U.S. dollar trade is set to get more bunched up in coming months, with near one-third of currency strategists polled by Reuters now expecting the euro to ...
We document that the U.S. dollar exchange rate drives global trade prices and volumes. Using a newly constructed data set of bilateral price and volume indices for more than 2,500 country pairs, we ...
The dollar rose slightly but remained near recent lows as traders evaluated diminishing trade war risks. Investors speculated on possible Federal Reserve rate cuts and future tariff developments.
BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local currencies for trade comes even ...
What’s going on here? The Canadian dollar found stability near a two-week high as Canada's trade dynamics shifted positively and US tariff threats were momentarily paused. Canada's loonie enjoyed a ...
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest. Annual U.S. trade deficits in goods. ’00 ’05 ’10 ’15 ’20 The U.S. trade deficit in ...
The dollar index opened with gap-higher on Monday (up 1.1%), lifted by threats of trade war after US President Donald Trump imposed tariffs on imports from Canada, Mexico and China. Two top US ...
The rupee depreciated to 87.16 against the US dollar as the global trade war increases investor risk aversion. Forex traders noted the negative bias due to US-China tariffs. The Reserve Bank of ...
A generous construal of this strategy is that, in addition to being a revenue generator and geopolitical bargaining method, it intends to skewer the trade deficit on two prongs: while tariffs are ...