The U.S. Dollar is facing a cross-road where it could emerge victorious or it could collapse. The financial authorities like the International Monetary Fund (IMF), or the Federal Reserve (Fed) have done very little to reactivate the economy. The US Economic Data changes dramatically signaling a lack of balance in our monetary system, while countries like China depreciate their currency, effectively declaring economic war.
Still, most investors seek the safety of the US dollar when storm-clouds emerge, as the dollar has been the preeminent global reserve currency for most of the century. and its position as the world's preferred reserve-currency is undeniable. Yet, one of the striking changes in the global economy over the past decade and a half is the rising importance of emerging market economies, but the global financial crisis broke conventional views about the amount of reserves an economy needs to protect itself from the effects of global crises. It's up to you to get the information you need to secure your financial future, because everything that happens in the economic world, sooner or later will affect your pocket.
Trump on NAFTA SoftBank invests in WeWork Wall Street latest news Apple (AAPL) stock alerts Stocks to pick in 2017 US Home Prices rising Brexit latest news Trump, presidency update Venezuela's Crisis intensifies Oil prices latest news Bitcoin prices are soaring Crypto currencies news Elon Musk, Tesla, SpaceX North Korea tensions spike Amazon dominating retailAsos asks suppliers for 3% discount in effort to repair finances
The online fashion retailer Asos has asked its suppliers for 3% discount on the clothes and accessories it buys from them, as the company struggles to ...
>> Read more here
Money Talks: How a new couple handles their shared finances
They aren't married and have only been dating a year, but they've decided to pool finances on several major expenses. Here's how and why they did it ...
>> Read more here
Rich Man's Shekel Problem Doesn't Worry Israeli Finance Minister
(Bloomberg) -- For Israel's finance minister, the shekel's appreciation this year is more a compliment than a burden. Moshe Kahlon is unfazed even as ...
>> Read more here
US Dollar Index within a narrow range near 98.40
The US Dollar Index (DXY), which tracks the Greenback vs. a bundle of its main rivals, is alternating gains with losses on Tuesday around the 98.30/40 ...
>> Read more here
US Dollar Strength Limits Gold's Upside - TD Securities
Despite being supported north of $1,500 an ounce, gold's gains are limited by the strong U.S. dollar, according to TD Securities. 'Recent dollar ...
>> Read more here
Rupee falls to over 6-month lows against US dollar: 5 things to know
The rupee (INR) fell sharply today against the US dollar (USD) today, ending at over 6-month low against US dollar. The rupee opened today at 71.51 ...
>> Read more here
President Trump isn't the only one who wants a weaker dollar
President Donald Trump isn't the only one who wants a weaker US dollar. The currency's strength has hung over this corporate earnings season.
>> Read more here
USD - Euro
USD - British Pound
USD - Canadian dollar
USD - Japanese yen
USD - Chinese yuan
USD - Swiss franc
Immigration News: During last month's address to Congress, Trump said he wanted to move toward a merit-based system for legal immigration.While America has a number of short-term visa programs for skilled foreigners, the bulk of immigrant visas - those with a direct path to permanent residency - are awarded on the basis of a family relationship. There are an estimated 800,000-plus illegal migrants living in LA. The city decided back in 1979 that its police would not cooperate with federal immigration agencies and the LAPD ended the practice of stopping people exclusively to find out about their legal status. This policy has been maintained by both Democratic and Republican administrations. READ MORE HERE
Corporate News: Just a few days after being sworn in as president, Donald J. Trump convened a meeting at the White House of some of the nation’s most prominent chief executives to discuss how to improve manufacturing. Mr. Trump was joined by Elon Musk of Tesla, Mark Fields of Ford, Andrew Liveris of Dow Chemical, Marillyn A. Hewson of Lockheed Martin and Michael Dell of Dell, among others . READ MORE HERE
