Search Results for: U.S. dollar
Bank of America Merrill Lynch Launches U.S. Dollar Cross-border Cash Pooling in China
January 7th, 2016
ZF TRW Automotive Serves as Pilot Client for New Solution Bank of America Merrill Lynch Global Transaction Services (GTS) has today announced the launch of automated U.S. dollar cross-border cash pooling services for corporations operating in the Shanghai Free ...
The U.S. Dollar Has Already Caused A Global Recession And Now The Fed Is Going To Make It Worse
November 24th, 2015
The 7th largest economy on the entire planet, Brazil, has been gripped by a horrifying recession, as has much of the rest of South America. But it isn’t just South America that is experiencing a very serious economic downturn. ...
The Last, Great Run For The U.S. Dollar, The Death Of The Euro And 74 Trillion In Currency Derivatives At Risk
March 12th, 2015
Are we on the verge of an unprecedented global currency crisis? On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years. And the U.S. dollar continues to surge against almost every other ...
GFG Weekly Market Insight – 2015: U.S. Dollar Poised to Go Higher But Why? (week 19 Jan 2015)
January 23rd, 2015
We believe that the U.S. dollar index is poised to continue moving higher on the back of its 2014 rally. Our view is based on the bullish long-term chart technicals that are behind our target of 120 set back in ...
Ruble Recovers Slightly as Exporters Sell U.S. Dollars for Tax Payments
November 18th, 2014
The ruble strengthened on Tuesday as Russian exporters converted part of their foreign-currency earnings to meet tax payments, but weak oil prices capped gains. At 0830 GMT, the ruble was around 0.8 percent stronger against the dollar at 46.72 ...
U.S. Dollar Recovers Slightly on Favorable U.S. Monetary Policy View
October 17th, 2014
The U.S. dollar recovered against a basket of major currencies on Thursday on the view that Wednesday’s selloff was overdone given the relative strength of the U.S. economy and the Federal Reserve’s commitment to tightening U.S. monetary policy. A ...
Commodities Suffer in 2014 Because of Strong U.S. Dollar
September 10th, 2014
Commodities declined to the lowest in almost eight months as the dollar advanced on speculation that the Federal Reserve will increase interest rates next year, curbing demand for raw materials. The Bloomberg Commodity Index (BCOM) that tracks 22 futures ...
Gold Remains Under $1260 on U.S. Dollar Strength
September 9th, 2014
Gold hovered near its lowest in three months on Tuesday after sharp overnight losses as the dollar traded at 14-month highs against a basket of major currencies, dimming the metal’s appeal as a currency hedge. Spot gold had slipped ...
Gold Drops Sharply Below $1260 as U.S. Dollar Rallies
September 5th, 2014
Gold prices settled lower on Thursday as brighter prospects for the U.S. economy and the dollar dimmed the metal’s appeal. Bullion got little impetus from the European Central Bank’s dramatic decision to cut three separate interest rates, as well ...
U.S. Dollar Gets Stronger
September 3rd, 2014
U.S. dollar bulls are enjoying their moment in the sun after a trying start to the year, and analysts told CNBC the good times could continue. The greenback strengthened to a seven month high against the yen in early ...
