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Dollar emerges as latest victim of this week’s markets mayhem

1 week ago | spokesman.com | Vassilis Karamanis |Marcus Wong |Mia Glass

The dollar has emerged as the latest victim of this week’s market turmoil as a worsening global trade war risks derailing US economic growth. A Bloomberg gauge of the greenback tumbled to a fresh six-month low Friday after China raised tariffs on all US goods from 84% to 125% with effect from April 12. The index kept its losses as US wholesale prices fell in March by the most since 2023, showing tame inflation ahead of higher tariffs.
Dollar Emerges as Latest Victim of This Week’s Markets Mayhem

1 week ago | news.bloombergtax.com | Vassilis Karamanis |Marcus Wong |Mia Glass

The dollar has emerged as the latest victim of this week’s market turmoil as a worsening global trade war risks derailing US economic growth. A Bloomberg gauge of the greenback tumbled to a fresh six-month low Friday after China raised tariffs on all US goods from 84% to 125% with effect from April 12. The index kept its losses as US wholesale prices fell in March by the most since 2023, showing tame inflation ahead of higher tariffs.
Dollar Emerges as Latest Victim of This Week’s Markets Mayhem

1 week ago | ca.finance.yahoo.com | Marcus Wong |Mia Glass |Vassilis Karamanis

In This Article: (Bloomberg) -- The dollar has emerged as the latest victim of this week’s market turmoil as a worsening global trade war risks derailing US economic growth.
Dollar Emerges as Latest Victim of This Week’s Markets Mayhem

1 week ago | news.bloomberglaw.com | Marcus Wong |Mia Glass

The dollar has emerged as the latest victim of this week’s market turmoil as a worsening global trade war risks derailing US economic growth. A Bloomberg gauge of the greenback tumbled to a six-month low Friday as part of a broader exodus from US assets after trade tensions between the world’s two largest economies continued to intensify. Havens such as the yen, Swiss franc and gold benefited from the outflows.
Dollar Emerges as Latest Victim of This Week’s Markets Mayhem

1 week ago | bloomberg.com | Vassilis Karamanis |Marcus Wong |Mia Glass

A worker counts U.S. dollar banknotes at a currency exchange office in Jakarta, Indonesia, on Wednesday, March 2, 2022. The dollar is rising against virtually every peer as fallout from the sanctions levied against Russia supercharge demand for the world’s reserve currency. Photographer: Dimas Ardian/Bloomberg(Bloomberg) -- The dollar has emerged as the latest victim of this week’s market turmoil as a worsening global trade war risks derailing US economic growth.
Chinese Stocks Power Ahead of Emerging Peers Amid AI Frenzy

3 weeks ago | bloomberg.com | Marcus Wong |John Cheng

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
Chinese Stocks Power Ahead of Emerging Peers Amid AI Frenzy

3 weeks ago | ca.finance.yahoo.com | Marcus Wong |John Cheng

(Bloomberg) -- Gains in Chinese stocks have typically filtered through to bolster their emerging-market counterparts — not this time. • None What Frank Lloyd Wright Learned From the Desert• None Bank Regulators Fight for Desks as OCC Returns to New York Tower• None These US Bridges Face High Risk of Catastrophic Ship StrikesMainland equities have surged over the past six months, breaking free of a multi-year slump, while broader developing-nation equities have largely flat-lined.
Colombia Investors Brace for Peso Slump on Trump Tariffs

2 months ago | msn.com | Kevin Simauchi |Nicolle Yapur |Marcus Wong

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Hawkish Bank of Japan Signals Will Buoy Yen, Strategists Say

Jan 24, 2025 | financialpost.com | Marcus Wong |Winnie Hsu |Matthew Burgess

Here’s a selection of comments from analysts and strategists: The BOJ rate hike is supportive for the yen and it is likely to further strengthen from here. All eyes on the Ueda press conference next. USD/JPY might see another leg lower if Ueda sticks to the hawkish tone. The immediate technical supports for USD/JPY are around 155.06. The BOJ is belatedly catching up on interest rates even as other central banks are starting to ease.
Hawkish Bank of Japan Signals Will Buoy Yen, Strategists Say

Jan 23, 2025 | ca.finance.yahoo.com | Marcus Wong |Winnie Hsu |Matthew Burgess

(Bloomberg) -- The yen is primed for further gains after the Bank of Japan sent hawkish signals while raising the benchmark rate, according to strategists. • None What Happened to Hanging Out on the Street? • None How Sanctuary Cities Are Preparing for Another Showdown With Trump• None Hoboken PATH Station Will Close for Almost a Month on Jan. 30The upward revision in inflation expectations for the fiscal year 2025 has given room for the central bank to hike rates again this year.