BEIJING (Reuters) - A Chinese central banker denounced accusations by U.S. Treasury Secretary-designate Timothy Geithner that China was manipulating its yuan currency, calling them misleading and warning against "excuses" for protectionism.
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All these U.S. dollar transactions put much of the world’s financial infrastructure within reach of U.S. regulators. Most of these U.S. dollars are electronic and consequently t ...
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The yen moved violently higher versus the U.S. dollar toward the end of the North American trading day Wednesday, as traders weighed the possibility of further intervention by Japanese authorities to ...
05/1/2024 - 10:22 am | View Link - Without higher taxes and tariffs, dollar could cease to be world’s reserve currency
Whoever captures the White House, the federal government faces daunting fiscal challenges and tough “guns and butter” trade-offs.
04/30/2024 - 7:57 am | View Link - Prospect of High-For-Longer U.S. Rates Keeps Dollar, Treasury Yields Elevated
The dollar firmed across the board, while two-year Treasury yields hovered just under recent highs around 5%, supported by expectations the Fed will keep rates high for longer than previously expected ...
04/29/2024 - 8:15 pm | View Link - A strong U.S. dollar weighs on the world
Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation.
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