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Wall Street Pros Are as Baffled as Anyone by Dollar's Fate - Vimarsana News

Wall Street Pros Are as Baffled as Anyone by Dollar's Fate

(Bloomberg) -- Wondering where the dollar’s headed as the U.S. deficit keeps growing? Wall Street’s also trying to figure it out.Goldman Sachs Group Inc. sees echoes of one of the weakest periods in the greenback’s recent history. Meanwhile, Morgan Stanley thinks it could actually strengthen.A swelling U.S. current-account deficit is once again a hot debate in the currency market, with implications across asset classes. The gap is the widest since 2008 as a percentage of the economy, and it’s only growing as the U.S. outpaces much of the world in rebounding from the...

Source: yahoo.com
Global race to tapering ignites hunt for next currency winners - Vimarsana News

Global race to tapering ignites hunt for next currency winners

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Global Race to Tapering Ignites Hunt for Next Currency Winners - Vimarsana News

Global Race to Tapering Ignites Hunt for Next Currency Winners

Global Race to Tapering Ignites Hunt for Next Currency Winners Jill Ward and Anchalee Worrachate, Bloomberg News Pedestrians use a footbridge with the skyscraper office buildings of the Moscow International Business Center (MIBC), also known as 'Moscow City,' beyond in Moscow, Russia, on Sunday, May 2, 2021. Facing a rising wave of Covid-19 infections and a vaccination rate that isn’t keeping up, the Kremlin is trying to contain the epidemic without alarming Russians. , Bloomberg (Bloomberg) -- Global central banks are starting to wind ...

Eurozone faces second lost summer unless vaccinations speed up - Vimarsana News

Eurozone faces second lost summer unless vaccinations speed up

Eurozone faces second lost summer unless vaccinations speed up Europe needs to vaccinate as quickly as the US to hit target of welcoming tourists by July, warns investment bank BAML 13 April 2021 • 7:25pm Europe must pick up the pace on vaccinations or risk losing out on a crucial second tourist season, analysts have warned. The verdict from investment bank BAML comes as European nations struggle to open up their economies in the face of a third Covid-19 wave that has forced France and Germany to tighten restrictions instead. Europe is more exposed to the international tourism market hit ha...

FOREX-Dollar stands tall as U.S. yields resume climb - Vimarsana News

FOREX-Dollar stands tall as U.S. yields resume climb

LONDON, March 8 Reuters) - The U.S. dollar gained on Monday, climbing towards a 3-1/2-month high, as a broad rise in Treasury yields spooked investor sentiment in stock markets.