Search Results for: wall Street
Currency Woes
August 17th, 2018
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of ...
Cryptocurrency Pump and Dump schemes growing
August 9th, 2018
Pump and dump schemes — in which an asset is talked up to drive the price higher before traders dump it for a profit — are making their way to the cryptocurrency market, with digital chatrooms growing over the ...
Pound frail on worries over no-deal Brexit, dollar steady
August 7th, 2018
The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a ‘hard’ Brexit from the European Union, while simmering U.S.-China trade tensions provided support to the greenback. Comments from officials ...
Dollar slides against emerging market currencies
July 26th, 2018
The dollar fell against emerging market currencies Wednesday as investors awaited a meeting between President Donald Trump and European Commission President Jean-Claude Juncker. The dollar was recently down 1% against the Brazilian real and lost 1.2% against the Turkish ...
Bitcoin is down 66%. But it still may be the future of money
July 11th, 2018
The price of one bitcoin (XBT) is now hovering around $6,400. That’s a more than 50% drop in 2018 and a 66% plunge from the all-time high of just under $20,000 that bitcoin hit in late December. Other cryptocurrencies, ...
Is China part Of the “Emerging Market Crisis”?
June 29th, 2018
Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina. To most observers they’ve already left the kids table and are now seated with the developed-world adults. But that might be ...
The dollar fell to a two-week low against the yen on Monday; Investors steered from risk
June 25th, 2018
The dollar fell to a two-week low against the yen on Monday as a latest flare-up in global trade concerns dented investor risk appetites and drove down U.S. yields. The greenback was down 0.4 percent at 109.54 yen after ...
Morgan Stanley puts a digital spin on advisor training
June 22nd, 2018
Morgan Stanley’s digital transformation of its wealth management arm is extending beyond an evolving set of technology tools to its advisor training program. A third of Morgan’s trainees are being inducted into a digital-first approach with the intention that ...
Oil, the petrodollar, and the next emerging market crisis
June 21st, 2018
Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because ...
Living Dangerously
June 18th, 2018
Regular readers of Goldmoney’s Insights should be aware by now that the cycle of business activity is fuelled by monetary policy, and that the periodic booms and slumps experienced since monetary policy has been used in an attempt ...
