Economic uncertainty drives desperate people, including those with disabilities, into illegal foreign currency trade.
John Hawkins was formerly a senior economist at the Bank for International Settlements. Reports of the death of the US dollar appear to be greatly exaggerated (like that of author Mark Twain). Global ...
So, only around 1% of global foreign exchange trading relates to international trade. Most foreign exchange trading is therefore not importers buying foreign currency to purchase goods from their ...
LONDON (Reuters) -Global currency trading volumes soared to a record $9.6 trillion a day in April as Donald Trump's 'Liberation Day' U.S. trade tariff blitz triggered widespread market volatility, the ...
Global trading of the Chinese yuan has surged to $817 billion a day, extending a decade-long trend with volumes nearing those of the British pound, according to the Bank for International Settlements.
Your guide to what Trump’s second term means for Washington, business and the world Foreign-exchange trading volumes hit a record $10tn a day during the fallout from Donald Trump’s “liberation day” ...
This is an online version of the WSJ’s Markets A.M. newsletter. Get investing insights in your inbox each weekday by signing up here—it’s free. The market for cryptocurrencies is known for ...
Stocks, the dollar, commodities and bond yields mostly rose on Tuesday, but the moves lacked momentum and conviction as investors digested record downward revisions to U.S. job growth figures and ...