Tag: Currency
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Currency and Commodity: Pause in Rate Hikes, Global Demand Weakens
The dollar weakens for the first time in months as the Federal Reserve pauses its rate hikes. Why you should care: The U.S. dollar has been very strong over the past 2 years, resulting in U.S. stocks yielding higher returns for foreign investors holding U.S. investments. However, that period might…
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Currency and Commodity: Ringgit Weak? Oil and Coal Declines
This newsletter first appeared on my main LinkedIn channel. Subscribe now! The Dollar continues to gain in strength, while the Ringgit is still pooh-pooh. Another strong month for the U.S. Dollar. This is the third consecutive month that the dollar has gained. Well, it is good news for people holding…
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China’s Fixed Exchange Rate – How does PBOC Maintain it?
An article emerged recently from Bloomberg which you can find here which talks about the rising outflows of yuan from China. As you may have heard, China is actually trying to “internationalise” its Yuan, meaning to make it comparable to the currency big boys like the USD, EURO and Yen as…
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