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Dollar Rides Wave of US Exceptionalism to Reign Supreme

(Bloomberg) There’s a subtext to this year’s blistering rally in US risk assets: When it comes to the dollar, there is no alternative.Most Read from BloombergA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersThe greenback is just shy of the record it reached during the pandemic and on pace for its be

Pound Bulls Stand Their Ground, Unfazed by UK Dip Into Recession

(Bloomberg) The pound is set to resume its run as one of this year’s best-performing currencies despite the UK economy’s slide into recession, according to market-watchers from Bank of America to Credit Agricole SA.Most Read from BloombergTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderSystemic Risk Concerns Grow Among Money Managers as Real Estate Woes Cause TurmoilTop Investors Share the Toughest Lessons They Had to LearnUK, Allies Look to Arm Ukraine With AI-Enabled Swarm Dr

NatWest Slashes Currency Trading and Sales Jobs in Singapore

NatWest Slashes Currency Trading and Sales Jobs in Singapore
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Dollar Slumps Ahead of US PCE, Sends Franc to Highest Since 2015

(Bloomberg) The dollar came under selling pressure ahead of key US inflation data, on the growing expectation that US interest rates may fall in the coming months. Most Read from BloombergHyperloop One to Shut Down After Failing to Reinvent TransitTencent Leads $80 Billion Rout as China Rekindles Crackdown FearHarvard Financial Pain Grows as Blavatnik Joins Donor RevoltVilified Zero-Day Options Blamed by Traders for S&P DeclineGiuliani Files for Bankruptcy After $148 Million Defamation LossTh

Swiss National Bank Confronts Franc Strength for First Time Since Hiking Began

Swiss National Bank Confronts Franc Strength for First Time Since Hiking Began
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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