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Tag: US currency

King Dollar Rocked by Trump's Assault on World Economic Order
  • Finance

King Dollar Rocked by Trump’s Assault on World Economic Order

Cs news4 months ago4 months ago012 mins

(Bloomberg) — As US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange. Most Read from Bloomberg The dollar, long a go-to hiding place during market selloffs, wasn’t rallying this time as investors rushed for safety. It was sinking, too, and fast as hot money poured into gold,…

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Opinion | Hong Kong’s dollar peg is an important bulwark against volatility
  • Hong Kong News

Opinion | Hong Kong’s dollar peg is an important bulwark against volatility

Cs news6 months ago03 mins

Whenever interest rates climb, so do calls to unpeg the Hong Kong dollar from the US currency. With US interest rates elevated and the Hong Kong dollar hitting a 3½-year high against the American dollar earlier this month, the debate has flared up again. Some argue that the dollar peg limits Hong Kong’s monetary flexibility…

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How a suspicious package delivered to a Colorado dentist’s office sparked a murder investigation
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