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.
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Worst day for stocks in around two years ' US market down 3.35%, Tokyo down similarly this morning, and both Shanghai and Shenzhen down 2%.
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Loss of interest rate support weighs on USD
The corona risk-off guided global FX yesterday, but parts of the market deviated from the standard script. Most striking, the dollar was in the defensive.
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Pension Insurance Market describes an in-depth evaluation and professional study on the present and future state of the Pension Insurance market ...
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PBOC sets USD/ CNY reference rate for today at 7.0232
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Broker Views
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Two Bloomington council members tired of spending money on downtown parking deck repairs
BLOOMINGTON (WEEK) - Bloomington's proposed $230.3 million budget for the next fiscal year includes a money to repair a downtown parking ...
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22 studies agree: Medicare for All saves money
r/politics: /r/Politics is for news and discussion about U.S. politics.
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16 Ideas That Will Teach You How To Find Time To Make Extra Money
Do you work a full-time job and feel like there isn't enough time in the day to make more money' For several years, I worked full-time and found ...
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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
