Charles Schwab: Dollar likely to continue to weaken

2020-08-14

  Economists at Charles Schwab believe the dollar is in for a long decline for the following reasons: the Federal Reserve has shifted to a zero interest rate policy, U.S. economic growth will likely underperform other major economies due to the coronary virus, political uncertainty is rising, and the growingRead More →

Dollar strengthens as virus cases multiply

2020-07-12

  Reuters By Peter Nurse Investing.com – The Dollar pushed European trade higher in early trading Friday, helped by its safe-haven status, as coronavirus cases continue to rise in the U.S. and unemployment data indicates a slow recovery in the labor market. At 3:15 a.m. (715 GMT), the U.S. dollar,Read More →

Gov’t Was Concerned Libra Could Displace Dollar

2020-06-15

David Weild IV, who is known as the father of the JOBS Act, believes that the U.S. government had to move to stamp out Facebook’s Libra stablecoin. Facebook: Number of Active Users. Source: Statista. ‘Government’s got to do something’ In an interview with Cointelegraph, Weild said that when he firstRead More →

Why a strong dollar could be a warning sign

2019-10-30

With so many conflicting signals about markets, the economy in the U.S. and abroad, the impact of the China-U.S. trade war, and more, what’s an investor to think? Through all the noise, there’s one measure that bears watching. Even investors who don’t trade currencies should pay attention to the strengthRead More →