The dollar held generally steady despite renewed signs of U.S. labor resilience as currency markets brace for a potential intervention to support the Japanese yen. The Korean won and the Japanese yen ...
Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing hands daily. It’s the underpinning for global trade and finance—and its structure is changing as ...
John Hawkins was formerly a senior economist at the Bank for International Settlements. Reports of the death of the US dollar appear to be greatly exaggerated (like that of author Mark Twain). Global ...