China needs U.S. dollars but is building a hedge against Washington’s sanctions
Pictured here is the crude oil refinery Sinopec Jinling Petrochemical Plant in Nanjing, in China's eastern Jiangsu province on May ...
Tag: Forex markets
John Paulson says we are in the early stages of a long-term bull market for gold
John Paulson, the hedge fund manager who made billions betting against the U.S. housing market before turning bullish on gold, ...
Bessent defends U.S. dollar swap lines as Iran war harms global finances
Secretary of Treasury Scott Bessent testifies during a during a Senate Appropriations Subcommittee on Financial Services and General Government hearing ...
Iran war and stocks: Why Global X says ‘it might be time to double down’ on emerging markets
It may be time to dive deeper into the emerging markets trade.Despite risks tied to the war with Iran, Global ...
Dollar suffers worst one-day slide since last April after Trump says currency hasn’t fallen too low
The U.S. dollar fell about 1.3% on Tuesday, the most since last April, after President Donald Trump declined to say ...
China doubles down on promoting yuan as confidence in U.S. dollar takes a beating
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, ...
DoubleLine’s Gundlach says to buy international stocks on the dollar’s ‘secular decline’
Jeffrey Gundlach speaking at the 2019 Sohn Conference in New York on May 6, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey ...
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