US paying El Salvador $6M to jail Venezuela gang suspects: ‘Pennies on the dollar’
WASHINGTON – The Trump administration has paid around $6 million to El Salvador to jail a suspected 238 Venezuelan gang who was deported Sunday, according to the White House. “It was about $6 million for El Salvador for detention of these foreign terrorists,” spokesperson Caroline Leavitt said during a regular briefing on Monday. “This points […]
US Dollar Index holds gains near 104.00 ahead of Michigan Consumer Sentiment Index release – FXStreet
The US dollar index rises towards 104.00, supported by two-year receivable yields at 3.96% and 4.29%, respectively. The US unemployment claims for the week ending March 7th were 220,000, breaking the forecast of 225,000. President Trump threatened 200% tariffs on all European wine and champagne, causing global concern. The US Dollar Index (DXY), which tracks […]
Australian Dollar depreciates as US Dollar gains ground amid market caution – FXStreet
The Australian dollar is struggling amid widespread risk aversion and ongoing economic concerns in China. Strong Australian economic data lowered expectations for further interest rate cuts by the Reserve Bank last week. Traders adopted caution ahead of the data release of the US consumer price index on Wednesday. The Australian Dollar (AUD) has become weaker […]
Pound Sterling holds onto gains against US Dollar amid concerns over US economic outlook – FXStreet
Pound Sterling Grip has earned more than 1.2900 against the US dollar as investors expect Trump's policies to reduce the momentum of US growth. Fed's Powell reiterated that central banks need to be more clear before adjusting monetary policy. Boe's Mann opposes a progressive and careful approach to monetary policy easing. Pound Sterling (GBP) will […]
Time to dismantle the Fed’s debt-based dollar scam
Bank cartels plague our society with their ability to create, destroy and control money – the Federal Reserve. It must be abolished and replaced by a more reasonable and fair system. Money is the lifeblood of modern civilization. This allows you to establish contracts, assess the value of your goods and services, and trade efficiently. […]
China Loses Multi-Billion Dollar COVID Court Case It Didn’t Even Bother Showing Up To
Missouri won a multi-billion dollar lawsuit against China over its role in the Covid-19 pandemic after none of the defendants appeared in court. A federal judge in Missouri ordered China and other defendants on Friday to pay the state “an amount of $24,488,825,457.00,” and ordered interest after the decision “at a 3.91% rate of the […]
Pound Sterling outperforms US Dollar as US NFP, wage growth miss estimates – FXStreet
Sterling for the pound is strengthened to nearly 1.2940 against the USD, as it is an estimate of labour demand for the US dollar. Until April 2nd, the US President exempted from customs duties on imports of goods compliant with the USMCA law. Boe's Catherine Mann believes that a progressive policy approach is undesirable amid […]
EUR/USD advances as US Dollar slumps ahead of US NFP – FXStreet
EUR/USD will rise above 1.0850 as the US dollar performs poorly ahead of the US dollar's NFP data release in February. President Trump has announced exemptions for more products imported from Canada and Mexico. Due to German debt reforms, traders forced ECB dovish bets. EUR/USD is posting a new four-month height jumping over 1.0850 in […]
US Dollar takes yet again another hit with ECB's hawkish rate cut and revises 2025 inflation forecast to the upside – FXStreet
The US dollar remains stuck in the backfoot and cannot recover against its main ally. ECB Lagarde supports the concern by saying that the ECB must be vigilant and prompt to act in any circumstances. The US dollar index has already lost more than 3% of its previous value this week. The US Dollar Index […]
Pound Sterling holds onto gains against US Dollar as Trump tariff fears ease – FXStreet
Sterling of the pound trades firmly near 1.2900 against the US dollar, as the US president's tariffs are not too scary. Trump is poised to offer a one-month exemption from tariffs on cars in Canada and Mexico. BOE officials have led an approach to measuring progressive policy. Pound Sterling (GBP) will stick to earn close […]