สกุลเงิน

Signal about the fall of the dollar

Eight months after raising interest rates to the highest in two decades, Federal Reserve Chairman Jerome Powell and his colleagues are nearing the end of their fight against inflation. In testimony before Congress last week, Powell stressed that the central bank needed “a little more evidence” that inflation was moving toward its 2% target before…

Leaders in price growth, or Who is at the very bottom

Argentina, against the background of the devaluation of the national currency in December, faced a sharp jump in prices – inflation accelerated to 211% from 161%. Lebanon is in second place, where the rate of price growth over the year increased by 70 percentage points to 192%. The top three is completed by Venezuela, where…

Euro – back to parity?

The impending decline in interest rates in Europe has made the euro a prime candidate for financing carry trades. This increases pressure on the euro. Let’s look at what this earning scheme is briefly. Carry trade is a strategy for making a profit in the foreign exchange market due to different interest rates. In reality,…

The Fed has everything going according to plan

The ability of American households to cover a $2,000 unexpected expense is at its lowest level in a decade, according to the Federal Reserve Bank of New York. According to the latest survey of consumer expectations and access to credit, conducted every four months by the Federal Reserve Bank of New York, only 65.8% of…

Eurozone – stop rate hikes

Due to the sharp and very strong level of inflation, all developed economic countries began to increase interest rates on credit and deposit money. In such conditions, it is expensive for the manufacturer to borrow money, and it is beneficial for the consumer to save money in bank accounts and not spend it due to…

Elections that matter

Joe Biden’s reign over America is getting closer and closer to the end. In fact, the election race has already begun, and all contenders are trying to win the hearts and votes of Americans before voting begins. Trump dominates Republican primaries. Several polls show him leading President Joe Biden in swing states. In one, 59%…

The market breaks the Bank of Japan

The Japanese yen continues to devalue against the dollar for the ninth month in a row. The Bank of Japan, despite the global trend of fighting inflation and increasing interest rates in leading economic countries, has left its monetary policy unchanged for a long time. Despite recent evidence of a cooling economy in America and…

Argentina may switch to the US dollar

Argentina may become the first country in a long time to switch to the US dollar. When inflation goes off scale beyond a critical level, the country’s economy cannot get out of the debt hole, then in such cases a default is declared with a transition to a new or world settlement currency – the…

It will never be like before

The Financial Times writes that the World Trade Monitor study from the Bureau of Economic Analysis (CPB) of the Ministry of Economic Affairs and Climate Policy of the Netherlands showed that global trade volumes fell by a two-year maximum of 3.2% year on year in July 2023.The decline in turnover accelerated compared to 2.4% in…

Japanese approach

Japanese Prime Minister Fumio Kishida announced the imminent launch of a new economic policy aimed primarily at supporting the population against the backdrop of continued rising prices. According to the head of the Japanese government, specific measures will be presented by the middle of next month. Kishida emphasized that the new economic policy will be…