Markets lurch as Trump talks and NEC director Gary Cohn considers leaving

The euro has been weakened against the dollar since the release of the minutes of the European Central Bank’s last meeting. But the dollar is having its own problems. The dollar has fallen since the Federal Reserve released the minutes of its last meeting in July, during which policymakers expressed concern about weak U.S. dollar inflation. The recent attack […]
  • Ashley Leader
  • August 18, 2017
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Euro Reaches Two-Year Dollar High

Last Friday the euro strengthened to a two-year high against the dollar, raising 1.8 percent over the week and has gained 11 percent year to date. The euro was valued at $1.1680 on Friday as the highest settlement since Jan. 15, 2105. This raise comes a day after European Central Bank president Mario Draghi to […]
  • Cedric Brenninkmeijer
  • July 24, 2017
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Germany Repatriates Gold In Response To Populist Pressure

The German central bank completed the transfer of $13 billion in gold reserves on Thursday. Germany’s gold had remained in New York for decades, spanning back to the Cold War. The Bundesbank announced this transfer on Thursday was part of an effort to build public “trust and confidence”. Officials explained that the transfer of its gold […]
  • Anahit Moumjian
  • February 13, 2017
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Dollar Reaches All Time High

The U.S. dollar has risen to a fourteen-year high compared to six other currencies, including the euro and the yen. The dollar index has recently increased to 103.560, which makes for the largest surge within a six-month period. The dollar held its own against the yen rising to 0.9 percent, bringing it to 118.11 yen, […]
  • Sharnita Sanders
  • December 21, 2016
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Greece’s Crisis

The saga started when Greece’s economy could not make it through the financial crisis of 2008 without being bailed out by the IMF. The conditions of the bailout were extensive calling for reform in almost every economic sector. Without an ounce of leverage in the negotiations, nor a choice in the matter, Greece welcomed the […]
  • Will Innes
  • June 30, 2015
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