The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.
Category: Currency
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Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.
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After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
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Why the Dollar Keeps Getting Stronger
President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed policies will have the opposite effect.
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How Stock, Bond and Currency Markets Could Respond to the Election
Investors are considering the candidates’ policies and historical trends to bet on where stocks, bonds and currencies are headed.
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U.S. Raises New Concerns Over Chinese Lending Practices
A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank.
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Why Japan Was Crushed Most in the Global Market Rout
The fragility of a more-than-year-long stock rally in Japan, fueled in part by a weak yen, has been exposed by the sudden strengthening of the currency.
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What’s Behind All the Stock Market Drama?
Analysts and investors have many explanations, including worries about the health of the U.S. economy and shifts in the value of the Japanese yen.
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Japanese Stocks Tumble 6% as Yen Strengthens
A rapidly strengthening yen and a sell-off in stocks in the United States pushed Japan’s markets to a second consecutive day of big losses on Friday.
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Bank of Japan Raises Interest Rates for Second Time Since 2007
The closely watched move by the Bank of Japan could bolster the country’s beleaguered currency.
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Why Global Investors Are Watching What Japan Does Next
Officials at Japan’s central bank are considering when to raise interest rates, as their counterparts in the United States plan to cut them, which could rattle markets around the world.