Demand for Bank Notes in Dollars & Euros Spikes Despite Fears of Covid-19 Contaminated Cash by Nick Corbishley • Apr 19, 2020 • 102 Comments A curious phenomenon.
New Currency Crisis Dawns: Mexican Peso Plunges to Record Low Against the Dollar by Nick Corbishley • Mar 23, 2020 • 63 Comments The flight into US dollars! Dollar-denominated debts of Mexican companies weigh heavily.
Status of US Dollar as Global Reserve Currency v. Euro, Yen, Chinese Renminbi, & Others by Wolf Richter • Jan 2, 2020 • 111 Comments Latest data is out. Folks who hoped the Renminbi would break the dollar hegemony have to be very patient.
Fed’s Powell: No Negative Interest Rates at Next Crisis by Wolf Richter • Sep 18, 2019 • 117 Comments The Fed has different priorities than the ECB, the Bank of Japan, the Swiss National Bank, et al.
Foreign Exchange Trading Soars to $6.6 Trillion a Day, US Dollar is Total King by Wolf Richter • Sep 18, 2019 • 68 Comments Ginormous numbers, FX swaps and spot trades, USD, EUR, JPY, GBP, Australian & Canadian dollars… but where the heck is China’s CNY?
How Currency Controls Affect Doing Businesses in Argentina by Bianca Fernet • Sep 16, 2019 • 42 Comments Face it: Argentina is out of money.
The Airline Fiasco in Argentina as Peso Collapses and New Plan Goes Awry by MC01 • Aug 28, 2019 • 48 Comments The curse of pushing volume by selling tickets below cost became an even bigger curse with the peso massacre.
And the US Dollar’s Status as Global Reserve Currency? by Wolf Richter • Jul 1, 2019 • 72 Comments Apocalypse not now.
China Tries to Muscle in on Dollar as Dominant ‘Payments Currency,’ But It’s a Thankless Slog by Wolf Richter • Apr 26, 2019 • 59 Comments Dollar Hegemony is a tough nut to crack.
Currency-Trading Algos “Flummoxed” by Rapid-Fire Brexit Headlines by Wolf Richter • Apr 4, 2019 • 57 Comments AI Not There Yet?
