Search Results for: Chinese yuan
The pound’s future in a dollar collapse
July 28th, 2020
In recent articles for Goldmoney I have pointed out the dollar’s vulnerability to a final collapse in its purchasing power. This article focuses on the factors that will determine the future for sterling. Sterling is exceptionally vulnerable to ...
Dollar in narrow range as U.S. virus cases grow
July 3rd, 2020
The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive risk. The yuan was stable in offshore trade ...
The crisis goes up a gear
June 22nd, 2020
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar. At this stage of an evolving economic ...
Geopolitics post COVID-19
May 7th, 2020
Before the coronavirus caused governments to impose lockdowns, whole economies, markets and even currencies were already on course to be destroyed by a vicious downturn in bank lending at a time of contracting trade and record debt. The ...
Emerging Asia’s best currencies become worst amid virus woes
April 2nd, 2020
The exact same factors that propelled the Indonesian rupiah and Thai baht to the top of the Asian pack in 2019 are dragging them lower now. The two currencies are the worst performers in emerging Asia this year as ...
The dollar fell against a broad range of currencies on Monday
March 16th, 2020
The dollar fell against a broad range of currencies on Monday after the U.S. Federal Reserve made another surprise interest rate cut and major central banks took steps to relieve a shortage of dollars in financial markets. The U.S. ...
Coronavirus and credit – a perfect storm
February 19th, 2020
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results. At the time of writing, analysts are still trying to get to grips with the virus’s ...
Dollar at 2-month high, Aussie weak as virus anxiety spreads
January 30th, 2020
The dollar held near a two-month high against a basket of major currencies while the Australian dollar and the yuan were under pressure on Thursday as investors tried to shield themselves from assets that could be hit by China’s ...
Lab-grown diamonds shaking up the industry
October 8th, 2019
Young consumers in China are taking a growing interest in cheaper, more accessible alternatives to mined gems. It sparkles and shines like a diamond from the Earth’s mantle, but it’s grown in a laboratory. Lab-grown diamonds, which have been ...
Dollar gives up gains against most major currencies
September 20th, 2019
The dollar drifted lower on Friday after central banks in Switzerland and the UK refrained from following the Federal Reserve in cutting rates, and risk appetites ebbed on caution about U.S-China trade talks. Sterling hits two-month high on Brexit ...
