The U.S. dollar gained in early European trade Tuesday, as traders turned to this safe haven after disappointing Chinese services activity hit risk-taking sentiment. At 03:00 ET (07:00 GMT), the Dollar Index,…
Read MoreMarket Recap Wall Street gained for the second straight day (DJIA +0.62%; S&P 500 +0.63%; Nasdaq +0.84%), as US Treasury yields took a breather despite a hawkish takeaway from the Jackson Hole…
Read MoreIs the dollar really that weak? Some people think the dollar will soon collapse. They say so because it is only valuable through government fiat. However, the dollar’s weakness is shared by…
Read MoreAn International Monetary Fund (IMF) official has warned that sanctions against Russia may dilute the U.S. dollar’s dominance. Gita Gopinath, IMF’s First Deputy Managing Director, told the Financial Times Friday that the sanctions have pushed Russia to…
Read MoreHow much is a dollar to naira today in the black market? The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N580 and sell…
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