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An unusual Fed ‘rate check’ triggered a free fall in the U.S. dollar and investors are fleeing into gold
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An unusual Fed ‘rate check’ triggered a free fall in the U.S. dollar and investors are fleeing into gold
The U.S. dollar has been in relative free fall since late Friday after it emerged that the New York Federal Reserve had conducted a rare “rate check” with currency traders on the dollar/Japanese yen exchange rate. The purpose of the move implies that the U.S. Federal Reserve may be considering…
One of the world's most indebted countries has been drawing a lot of attention this year. Japanese government bond yields climbed to their highest levels in decades last week. Usually, rising yields mean a strengthening currency, but in Japan's case, that relationship doesn't hold. This could indicate a declining...
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