Search results
Results from the WOW.Com Content Network
The U.S. dollar is on fire, reaching near-parity with the euro for the first time in two decades. The yen ( JPY=X ) is down 20% versus the dollar over the last year — nearly unheard of in the ...
The win has resulted in a continuation of the so-called Trump trade, which has for months hinged on the former president's election odds. Central to the trade are Trump's plans for a near ...
The US dollar (DX=F, DX-Y.NYB) extended its rebound on Wednesday, adding to gains after the currency was on track for a one-week low following a report from the Washington Post on Monday that ...
The euro made its biggest gain in 18 months, [270] before falling to a new four-year low a week later. [271] Shortly after the euro rose again as hedge funds and other short-term traders unwound short positions and carry trades in the currency. [272] Commodity prices also rose following the announcement. [273] The dollar Libor held at a nine ...
The economy of Germany indeed contracted in both the second and third quarters putting Germany now in a technical recession. [21] Although the idea was fought for a moment Angela Merkel and the German government approved a €50 billion strong rescue plan to protect the German economy of the crisis, making of it Western Europe's biggest rescue ...
First quarter of 2009: For the first quarter of 2009, the annualized rate of decline in GDP was 14.4% in Germany, 15.2% in Japan, 7.4% in the UK, 18% in Latvia, [190] 9.8% in the Euro area and 21.5% for Mexico. [35] April 2, 2009: Unrest over economic policy and bonuses paid to bankers resulted in the 2009 G20 London summit protests.
A US dollar surge "is typically a double-edged sword, helping your wallet in one way while adversely affecting your portfolio," Sam Stovall said. The dollar has soared since Trump's election win ...
Specifically, investors expect a contingent commitment by the government and if things get bad enough, the peg is not maintained. For example, in the 1992 ERM crisis, the UK was experiencing an economic downturn just as Germany was booming due to the reunification. As a result, the German Bundesbank increased interest rates to slow the expansion.