The Future of the Dollar: Is its Reign as the World’s Default Currency Coming to an End?
Introduction: For decades, the United States dollar has reigned supreme as the world’s default currency, serving as the bedrock of global trade and finance. However, recent developments indicate that the…
Stock prices are dropping as concerns for banking sector
Stock prices fell on Friday as investors became concerned about the stability of the banking system. The Dow Jones Industrial Average was down 206 points or 0.6%, while the S&P…
Gold rose by $200 in the fourth weekly trading week
Gold futures edged higher on Wednesday, reaching within striking distance of their key $2,000 target as fresh ructions in the U.S.-to-Europe banking crisis limited fallout from the dollar’s rebound. Gold…
Jobless Claims & Banking Sector Highlight Dow Futures
U.S. stocks are expected to open higher, recovering from the previous day’s steep sell-off. Investors are still digesting the Federal Reserve’s latest policy update, and are awaiting the release of…
Markets React to the Fed : Dollar Slumps, Sterling Rises
After two major central banking meetings, global financial markets are reacting to the new news. It appears that the US dollar is taking a big hit while the British pound…
Gold Soars as Dollar Falls: $2,000 Returned
Who would have thought that a couple of weeks ago gold would be trading at the record high of $2,000 an ounce? Well, it’s here! The precious metal has reached…
How Lower Interest Rates Affect Investors?
Investors have been on the edge of their seat in anticipation of the Federal Reserve’s decision on interest rates. Low interest rates can have a significant effect on investment portfolios,…
Investors are cautious as they await the Federal Reserve’s outlook on interest rates.
The dollar increased slightly but remained at its five-week low on Wednesday, before the Federal Reserve’s policy meeting where investors will be looking for information regarding interest rates in light…
Gold prices have fallen from their highs of $2,000 per ounce
Investors are no longer as worried about the U.S. banking crisis, and expect the Federal Reserve to keep inflation in check. This has led investors who had been buying gold…
U.S. stocks unchanged ahead of the Federal Reserve’s interest rate decision.
U.S. stocks were relatively unchanged as investors await the Federal Reserve’s announcement on interest rates and its latest economic forecasts. The Dow Jones Industrial Average rose by 23 points, or…