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.


US Dollar and Markets News


Trading on overseas online forex platforms illegal, punishable under FEMA
It's hard to miss the advertisements of forex platforms on social media. One claims that traders can make a profit of $100 in half an hour. Another ...
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FOREX-Dollar drops after Fed holds rates steady, risk assets gain
(Adds context, analyst comment, broader market reactions). By Kate Duguid. NEW YORK, June 19 (Reuters) - The dollar weakened on Wednesday ...
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First Financial Bancorp to acquire capital markets firm
Bannockburn Global Forex provides transactional currency payments, foreign exchange hedging and other advisory products to more than 1,500 ...
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Forex Daily Recap ' USD Index Slipped -0.57% over Unchanged Fed Interest Rates
The President had pressurized the Central Bank multiple times before, urging for an interest rate cut. The USD Index had badly fallen in the first half of ...
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Fed Quick Analysis: Buying opportunity on USD' Three reasons why the Fed was not dovish enough
The Federal Reserve has left the interest rates unchanged as broadly expected but has also made significant changes that open the door to a rate cut.
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USD/JPY drops to test 108.00 as Fed sends US Dollar to the downside
The USD/JPY pair fell from 108.35 to 108.02, reaching the lowest level ... In the statement, the central bank signaled that it could cut rates over the next ...
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GBP/USD rallies 30 pips as FOMC prepares to cut rates in the future
GBP/USD is moving higher following the Federal Open Market Committee's meeting, (FOMC). The FOMC has left rates and policy on hold but has ...
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CME FedWatch Tool shows 89% chance of a 25 bps rate cut in July
The heightened probability of the rate cuts seems to be weighing on the greenback. Following the initial drop to a session low of 97.10, the US Dollar ...
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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

 

Who influences the economy


Obama and the economy
Obama economy
Putin and the economy
Putin economic
Greenspan Economics
Alan Greenspan economics
The FED and the economy
Federal Reserve economy
International Monetary Fund
IMF economics
World Bank & the economy
World Bank economy
Deutsche Bank
Deutsche Bank economy
European Union economy
European Union economy
China economy
China economy
NAFTA and the economy
NAFTA and the economy
GOLD in the economy
GOLD in the economy
SILVER in the economy
SILVER in the economy