Treasury Secretary Steven Mnuchin says the Trump administration’s goal is a stable US dollar, while, separately, he notes that some foam is seeping into the stock market that has risen from its coronavirus lows to end of march. “ “Clearly there are some individual stocks, I’m not going to mention …
Read More »The dollar was hit in the mouth on Tuesday and its forecast is weak, experts say.
The US dollar is taking a beating on Wall Street, measured by a popular index. The blame is partly on the revival of the EURUSD euro, -0.01% as European leaders forged a historic fiscal pact to lift the eurozone economy out of the coronavirus pandemic that has brought much of …
Read More »Asian markets win on vaccine hopes, Wall Street tech rally
The Asian actions were mostly on Tuesday due to rising hopes of an effective vaccine to combat the coronavirus pandemic. Scientists at Oxford University reported that their experimental coronavirus vaccine elicited a protective immune response in hundreds of people who received the vaccine in an early trial. Other projects are …
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