Money Market News And Facts
After the Fed cut its benchmark lending rate by 75 basis points last week, the Dollar immediately rallied 2.5% against the Japanese Yen, marking its highest daily rise in nine years. Some analysts are at a loss to explain this… (more…)
Two American economists recently conducted a computer simulation to determine how the role of the US Dollar as the world’s reserve currency will evolve over the next decade. Their hypothesis- that the Dollar’s preeminence would be maintained- was contradicted by… (more…)
Drivers have been urged to avoid the temptation of lying on forms to secure cheaper premiums. (more…)
The European Trade Commissioner has called for sovereign wealth to agree to a voluntary code of conduct. (more…)