Jul 242019
UPDATE 2-Euro bounces above $1.12 before Powell's testimony
Euro rises but remains in trading range … The foreign exchange market is currently dominated by money flowing from corporate and hedging activity, …
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Fed chief says Facebook currency project raises 'serious concerns'
By mid-afternoon on Wednesday it was trading at $12,268.99, down 2.4% on the day. Facebook shares, too, took a bit of a hit during Powell's …
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FOREX-Dollar weakens after gloomy Powell comments on US economy
Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh * Fed's Powell says trade, global concerns weigh on U.S. economy * Dollar hits session low vs …
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Weathering the storm: Why safe haven assets should interest you
The Japanese Yen is a traditional safe haven currency. Negative interest rates, like the Bank of Japan currently has, would typically discourage …
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