Traditional savings accounts are going up against stocks. And, the winner may be your neighborhood bank for the first time in years, according to Wall Street forecaster Jim Bianco. He contends rising ...
Tag: us dollar
Pound hits all-time low versus the dollar, softening pain of bitcoin losses for Brits
With the pound in the doldrums, crypto investors in Britain received some respite from bitcoin losses. The pound hit an all-time low of $1.0327 versus the U.S. dollar on Monday, as traders bet agains...
Is There Anywhere to Hide in This Market? One Word: Cash
(Photo by Wodicka/ullstein bild via Getty Images) ullstein bild via Getty Images Nowhere to run and nowhere to hide. One of the simplest ways to tell if you are in a bull market is to study the 50-day...
The Dollar Uptrend Is Likely To Continue
Photographer: Dimas Ardian/Bloomberg © 2022 Bloomberg Finance LP According to the longer-term view, the dollar is likely to continue to rise. This projection is based upon the breakout that that is de...
Latest Inflation Surprise Sends Treasury Curve And U.S. Dollar To Record Levels
UNITED STATES – JULY 6: Gas prices are displayed on a sign at a gas station in Williams, Ariz., on … [+] Wednesday, July 6, 2022. (Bill Clark/CQ-Roll Call, Inc via Getty Images) CQ-Roll Ca...
The Pain (and Pleasure) Of The Dollar’s 20-Year High
On a trade-weighted basis, the US Dollar has charged to its highest level in two decades. The consequences of that surge stretch far beyond the US financial system, and US investors. The US Dollar is ...
Tech Rebound Drives Equity Advance As The Dollar Hits New Highs
(Photo by Andrew Burton/Getty Images) Getty Images Stocks indices in the U.S. posted significant gains last week, led by a recovery in beaten-down technology companies. The Ark Innovation Fund ETF, $A...
The US Dollar Is Still King, And Investors Can Make The Most Of It
Getty Images Key takeaways The US dollar rose to fresh 20-year highs this week Meanwhile, the euro fell below $1.02 for the first time since 2002 Rising energy prices, tightening central bank policies...
The Great Gold/Bitcoin Debate – Act Three
(Photo by Dan Kitwood/Getty Images) Getty Images To those who are constant readers (thank you), you have seen me write on a few occasions about what we at Proficio Capital Partners call our “Hard Curr...
EURUSD And USDJPY Can Reverse Despite An Aggressive Fed
The US Dollar forged an incredible advance heading into the Federal Reserve’s May announcement. The central bank said it would dramatically escalate its monetary policy regime by hiking its benchmark ...
Currency Volatility: China, Japan And Switzerland
The dollar’s rapid rise against the Japanese yen and a basket of other large country currencies has led to fresh suggestions that governments may intervene to support their local currencies. This mean...
A Legendary Investor Just Predicted The End Of The U.S. Dollar—And Warned Over The Future Of Bitcoin Amid Extreme Crypto Price Swings
The U.S. has imposed unprecedented sanctions on Russia’s banks, wealthy individuals and the country’s central bank in recent weeks—going so far as to lock it out of its foreign reserves. S...