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 retailGreat Buys: Cramer's 'Mad Money' Recap (Monday 8/3/20)
Stop saying the stock market doesn't make any sense, Jim Cramer told his Mad Money viewers Monday. There are plenty of companies whose ...
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Pool testing aims to save ND resources, money
GRAND FORKS ' Coronavirus pool testing could be an effective way to save supplies and money as testing across North Dakota ramps up in ...
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YOUR MONEY: Top things to buy in August
We know August is heavily geared towards back to school shopping but what else can you save money on than just pencils and backpacks'
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SAG-AFTRA Foundation Small Group Sessions Present: Money Management
Do you tell your money what to do or are your surprised at the end of the month by how it is spent' By creating a solid plan, audience members will ...
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Bellone pulls bill seeking to tap open space preservation money
The bill envisioned changing the funding formula for the county's drinking water protection program for three years, shifting nearly 30% of money ...
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Following the money in campaign finance reports
(WCAX) - Rebecca Holcombe continues to lead the money race in the campaign for Vermont governor with just a week to go before the state primary ...
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US dollar's plunge could persist
While the dollar could again be boosted by a second wave of global Covid-19 infections, plenty of headwinds weigh on the currency. 'From a cyclical ...
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Dollar could be a 'crash risk' if US loses 'credibility,' analyst warns
'We expect the currency to be undermined by an ebbing of safe-haven flows, a reduction in the U.S. rate advantage, and political uncertainty ahead of ...
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American Dollar gains after worst month in a decade as investors leave short position
On Monday, the American Dollar Index had sharply rebounded following its steepest monthly plunge in a decade. AUGUST 3, 2020 23:30.
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What the Falling Dollar Means for Client Portfolios
The U.S. dollar, like the U.S. economy, is suffering from the impact of the COVID-19 pandemic, and that has implications for advisors' clients' portfolios.
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Forex: J$148.47 to one US dollar
KINGSTON, Jamaica ' The US dollar on Monday, August 3 ended trading at J$148.47 up by 47 cents according to the Bank of Jamaica's daily ...
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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
