dollar

Yellen is the first female Treasury Secretary with a signature on the U.S. dollar

Yellen is the first female Treasury Secretary with a signature on the U.S. dollar

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WASHINGTON — During a recent appearance on “The Late Show With Stephen Colbert,” Treasury Secretary Janet L. Yellen was faced with a tricky question: After nearly two years on the job, why is signing her predecessor, Steven T. Mnuchin, was it still scrawled across national currency? The answer, she explained, was a quirk of coinage …

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Analysis: Investors look to emerging markets as planets align for end of dollar bull market

Analysis: Investors look to emerging markets as planets align for end of dollar bull market

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NEW YORK, Dec 6 (Reuters) – As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be the big winners from a sustained reversal in the greenback. The MSCI International Emerging Market Currency Index (.MIEM00000CUS) is up nearly 5% from its lows and posted its best monthly gain in …

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Unlikely bets on breaking the Hong Kong dollar peg add up

Unlikely bets on breaking the Hong Kong dollar peg add up

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SINGAPORE/HONG KONG, Dec 5 (Reuters) – This is what markets call “tail risk”: a highly unlikely scenario in which Hong Kong’s currency peg suddenly collapses. Still, market prices suggest betting on such a shock is building in the hedge fund world, and some traders say that makes a lot of sense. Billionaire fund manager Bill …

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Markets Week Ahead: Dow Jones, Gold, US Dollar, Crude Oil, OPEC+, AUD/USD, RBA

Markets Ahead Week: Dow Jones, Gold, US Dollar, Crude Oil, OPEC+, AUD/USD, RBA

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Recommended by Daniel Dubrovsky Get your free forecast of the best trading opportunities Global market sentiment remained upbeat last week. On Wall Street, the Dow Jones, S&P 500 and Nasdaq 100 gained around 0.3%, 1.1% and 1.9% respectively. That’s when the VIX market’s “fear gauge” closed at its lowest since the start of this year. …

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Markets Week Ahead: Nasdaq 100, S&P 500, US Dollar, British Pound, Euro, Gold

Markets week ahead: Nasdaq 100, S&P 500, US dollar, British pound, euro, gold

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Global Market Wrap and Lookahead. The US dollar resumed its post-FOMC decline. US indices continue to climb. A constant stream of important economic data and upcoming events. Recommended by Nick Cawley Trading Forex News: The Strategy This week’s economic calendar is packed with a wide range of market-moving economic releases that will help position the …

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Stocks fall on China Covid concerns; Dollar Rise: Market Recap

Stocks fall on China Covid concerns; Dollar Rise: Market Recap

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(Bloomberg) – Stocks fell amid fears China would tighten Covid restrictions after a string of reported deaths as investors sought refuge in the dollar. Bloomberg’s Most Read The S&P 500 and Nasdaq 100 contracts both fell at least 0.5%. Walt Disney Co. defied the gloom by rallying in premarket New York after the company brought …

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Elon Musk's 50 billion dollar lawsuit is coming to an end | CNN Business

Elon Musk’s 50 billion dollar lawsuit is coming to an end | CNN Business

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washington d.c. CNN — The trial of Tesla shareholders’ lawsuit examining CEO Elon Musk’s unprecedented compensation package concluded on Friday afternoon. Chancellor Kathaleen McCormick has not issued a decision from the bench, and it could take weeks to months before a decision is made. “We have a lot of work ahead of us,” McCormick told …

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