-
Surging U.S. Dollar Is Next Big Headache for the World Economy
King Dollar is creating a new headache for virus-battered economies globally, with emerging markets especially vulnerable as they try to cope with collapsing currencies and plunging demand. Investors are fleeing emerging markets in record numbers and piling into the safe-haven greenback, with two emergency interest-rate cuts this month by the Federal Reserve doing nothing to diminish the dollar’s appeal. With the dollar more integrated into the world economy than ever before, its gains are an added stress for businesses and governments as they brace for soaring costs on their dollar debt. The dilemma for emerging ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Edited 12:21pm Mar 18, 2020 8:17am | Edited 12:21pm
- GillyFX
- | Joined Jul 2018 | Status: Member | 145 Comments
- Comment #2
- Quote
- Mar 18, 2020 8:47am Mar 18, 2020 8:47am
- earlroy63
- Joined Oct 2012 | Status: Member | 7 Comments
- Comment #3
- Quote
- Mar 18, 2020 9:20am Mar 18, 2020 9:20am
- vikinsa
- | Commercial Member | Joined Oct 2019 | 146 Comments
Technical Analyst & Trader @ Vikinsa
- Comment #4
- Quote
- Mar 18, 2020 2:04pm Mar 18, 2020 2:04pm
- Marcieny
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 227 Comments
- Comment #5
- Quote
- Mar 18, 2020 2:38pm Mar 18, 2020 2:38pm
- GillyFX
- | Joined Jul 2018 | Status: Member | 145 Comments
- Comment #6
- Quote
- Mar 18, 2020 2:43pm Mar 18, 2020 2:43pm
- GillyFX
- | Joined Jul 2018 | Status: Member | 145 Comments
- Comment #7
- Quote
- Mar 18, 2020 4:10pm Mar 18, 2020 4:10pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments