President alleges China and Europe are manipulating their currencies
Portfolios could benefit from currency hedging as global growth stabilizes
Yuan's weakness is fuelling U.S. trade complaints
With U.S. growth revised upward due to government spending and tax cuts, markets have priced in three Fed rate hikes for 2018. That’s allowed the U.S. dollar to put up a fight against global currencies despite a deficit projected to surpass US$1 trillion in 2019. “Generous long-end spreads versus still-low overseas yields are providing enough […]
The consumer price index increased 0.2% last month, after a sharp 0.5% gain in January, the U.S. Labor Department said.
U.S. consumer prices, excluding the volatile food and energy categories, rose 0.3% last month. That was the biggest climb in a year and is likely to fan inflation fears in financial markets. The Labor Department says overall consumer prices rose 0.5% in January, the most in four months. Inflation rose 2.1% from a year earlier, […]
With rising bond yields, the pressure is on
Europe's top economic official speaks about currency moves
Already, other currencies are gaining on the greenback
And where the loonie fits in