USD/MXN breaks below downtrend support as Banxico cuts rates to help restart the economy
Euro May Rise if Q2 GDP and PMI Data Reinforce Recovery Hopes
The Euro may rise if preliminary Q2 GDP data and PMI statistics shows a brighter than-expected-picture and kindle hopes of a smoother recovery.
Gold Price Outlook: Will XAU/USD Brush off Worst Week in 5 Months?
Gold prices suffered the worst week in 5 months, is this the beginning of a new trend? The short-term outlook still seems to favor the upside on cheap global borrowing costs.
Trump has given Chinese firm ByteDance 90 days to offload its TikTok app
Some late-Friday news which speaks to US-China relations.
If you’ve been following along US-China relations continue to deteriorate, the latest being talks between the two countries on trade scheduled to take place this weekend were … ‚delayed‘:
If you’ve been following along US-China relations continue to deteriorate, the latest being talks between the two countries on trade scheduled to take place this weekend were … ‚delayed‘:
Today is 49 years since Bretton Woods collapsed. Why it matters more than ever
Deficits are a major challenge to the dollar-based system
On August 15, 1971 — exactly 49 years ago — the gold-pegged Bretton Woods system collapsed.
After nations began to demand redeeming dollars for gold, President Richard Nixon shocked the world with the following after secret meetings at Camp David:
On August 15, 1971 — exactly 49 years ago — the gold-pegged Bretton Woods system collapsed.
After nations began to demand redeeming dollars for gold, President Richard Nixon shocked the world with the following after secret meetings at Camp David: