Tag Archives: Dollar

Precious metals and Bitcoin (BTC) are rising to new all-time highs, alongside risk assets like stocks, as the US dollar (USD) is on track for its worst year since 1973, signaling a “generational” macroeconomic shift, according to market analysts at The Kobeissi Letter. The S&P 500 stock market index is up over 40% in the last six months, BTC hit …

Growing fiscal concerns in some of the world’s biggest economies are adding momentum to a so-called “debasement trade,” as investors flock to the perceived safety of Bitcoin, gold and silver while pulling away from major currencies. The yen tumbled on Monday as pro-stimulus lawmaker Sanae Takaichi was set to become Japan’s next prime minister. The dollar, which has weakened about …

How this popular trade is boosting gold and bitcoin as hedges to a weaker dollar  MarketWatch The retail investor crowd has a new trade it is chasing. It’s fueling bitcoin and gold rallies  CNBC BlackRock IBIT and SPDR Gold ETFs Experience Dramatic Upsurge Amid Fiat Fears  OneSafe Bitcoin News: Why Everybody’s Talking About the ‘Debasement Trade’?  The Coin Republic Bitcoin and gold surge to …

We are what we eat, as the saying goes.  And acclaimed plastic surgeon Dr Amir Karam said this is especially true when it comes to our skin and appearance.  The San Diego-based aesthetician has revealed his inexpensive go-to ingredients available at the grocery store for keeping skin youthful and radiant. On Dr Karam’s list are foods that boost collagen and …

Harry Potter is one of LEGO’s most beloved franchises, and the Hogwarts Castle and Grounds set has earned a stellar 4.8 out of 5-star rating on Amazon with over 1,800 reviews backing it up. LEGO’s official website shows zero discounts on this flagship model and maintains the strict pricing the company is known for. But Amazon isn’t playing by those …

US dollar slumps after poor jobs data, as government shutdown raises uncertainty  Reuters Stocks shrug off government shutdown for now  CNN Government Shutdown FAQ  U.S. Representative Ami Bera (.gov) Stock market today: Dow, S&P 500, Nasdaq slide as US shutdown begins, ADP shows unexpected jobs decline  Yahoo Finance Bitcoin, Ethereum and XRP Jump. Why Cryptos Are Rising Amid the Government Shutdown.  Barron’s Source link

The dollar held on to steep gains on Friday after better-than-forecast U.S. data dampened expectations for further easing by the Federal Reserve this year. Jackal Pan | Moment | Getty Images The dollar fell Wednesday after U.S. lawmakers failed to avert a government shutdown, raising questions from traders about the potential economic impact. The dollar index, which gauges the greenback’s …

(Bloomberg) — Gold climbed to a record above $3,800 an ounce as precious metals surged, boosted by a weaker dollar as investors weighed a potential US government shutdown. Bullion rose as much as 2% to an all-time high of $3,833.59 an ounce — eclipsing a peak reached last Tuesday — after notching six straight weekly gains. Silver increased as much …

This week, attention should return to local data in Central and Eastern Europe. Tomorrow, Poland’s inflation figures for September will be released. We expect headline inflation to jump from 2.9% to 3.0%, driven by a shallower decline in gasoline prices compared to August. Core inflation is estimated to have eased further, while food and energy inflation remained broadly stable. More …

Stock Market Today: Dow Futures Rise; Dollar Falls as Lawmakers Race to Avoid Shutdown — Live Updates  The Wall Street Journal How a government shutdown could impact the jobs report  Axios Government shutdowns usually don’t hurt the economy. This time could be different  CNN Shares rise in Asia; dollar dips as US government faces closure  Reuters US Dollar Starts Event-Loaded Week on Back Foot …