dollar

The inexorable rise of the dollar raises fears of the worst for other currencies

The US dollar’s dazzling rise as it continues to climb from record to record against many currencies is raising fears of a currency failure and a major crisis the likes of which the world has not seen since the 1997 Asian episode. Buoyed by the US Federal Reserve’s (Fed) sudden interest rate hike and a …

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The dollar is bringing the euro and the pound to their knees near their lowest levels in history

The British currency fell to $1.0863 for the first time since 1985, not far from an all-time high of $1.0520 recorded that year. The dollar launched a fresh attack on the euro and pound on Friday, which was nearing its lowest levels in history after the UK unveiled budgetary measures that the market saw as …

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Usd/eur: Against the strong dollar, these currencies perform significantly better than the euro

(BFM-Börse) – The greenback continues to gain ground against other currencies, especially against the euro. But other currencies, notably the Brazilian real or the Swiss franc, are doing much better against the dollar. King Dollar has rarely been so imperial. Buoyed by its safe haven status and expectations of monetary tightening by the Federal Reserve …

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The Lord of the Rings Prequel: The Billion Dollar Challenge!

Stanley Kubrick said that JRR Tolkien’s cult trilogy The Lord of the Rings could not possibly be adapted for cinema. It’s hard to imagine what the great director would have thought of Amazon’s new multi-billion dollar event series, based on dry footnotes at the end of the third book. Sophia Nomvete on August 30, 2022 …

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The Central African Republic will start selling its “Sango” cryptocurrency at a unit price of $0.10 on July 21

(Agence Ecofin) – While the price of Bitcoin is in free fall and many crypto platforms are filing for bankruptcy, Bangui is hoping to raise $21 million thanks to the sale of 210 million Sango coins. The Central African Republic announced this Friday, July 15, that it will begin selling its own cryptocurrency, the Sango, …

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