Currency Levels News Today : Breaking News, Live Updates & Top Stories | Vimarsana

plus — the crypto crash deepens. could it spell disaster for el salvador�*s multi—million dollar gamble on bitcoin? we start in the us — where the federal reserve has announced the biggest rise in borrowing costs in 28 years. the fed raised its key interest rate by three quarters of a percent — and signalled more big increases are on the cards. as our correspondent michelle fleury reports, from washington, it's battling to control the worst inflation in four decades. intensifying its five figure inflation which is currently at a a0 year high reserve raised its key interest ...

And more unlikely that those loans will really be paid back and that is why the European Central bank which is the major supervisor of the european Banking System is taking a very close look at this and is on high alert all right lets get the view now from Turkey Correspondent joining Jones Reporting for us in istanbul during turkeys Foreign Minister has said further pressure will only hurt bilateral ties hes about retaliation but how much worse can relations get. Well the potential is to get a lot worse currently u. S. Forces are working with a Syrian Kurdish militia just across turkeys borde...

Down, where signal the markets are finally thinking that the federal reserve the main central bank that powers the us economy is struggling to get a handle on the australian —— inflation story. flip to the uk and the pound sterling story is not in —— been a good one over the last few months, a degradation and belief in the uk economic growth story translating into the side of the pound, do something the decision today with the bank of england will keep in mind because they need to be able to have a signal to the markets including the currency markets on where the uk inflation story and...

S&p 500. it's probably got more to do with what your portfolio looks like. it's down a similar percentage point. the nasdaq is down by a greater percentage than the dow. joining me now to take a closer look at this is somebody i turn to when things require an explanation. and the question for you, bill, is why is today different? we've had this trade war for a while. what has happened to cause investors to get this spooked? >> i'll tell you what is different. it has to do with currencies. up to this point it has been just between the u.s. and china. they keep upping their tariffs against each ...

Overnight. what will they do tonight? will they pull it back a little bit? will they re-emphasize it? that could have a big impact. we will see what the asian market does overnight, european market tomorrow. does this selling cycle continue or is this the send of it here? >> how much of this bill -- some economists are saying this trade war could trigger a recession. >> yeah, morgan stanley was out just a little while saying if this holds, these currency levels, that we can see a recession in nine months. it doesn't help. as i mentioned before, by devaluing a currency, you're not just affectin...