Japan Intervenes in Forex Market with Sizeable $62 Billion Move
Japan's Ministry of Finance released data on Friday that verified the nation's first currency intervention since 2022 following the yen fell in April to a 34-year low.
Jun 02, 2024 7:02 AM EDT
Why Costco's Silver Coins Could Be a Smart Investment
When one of the biggest American shops, Costco, announced that it would be selling gold bars in September, they rapidly ran out. Later, Walmart joined in as well, profiting from a resurgence of interest in precious metals.
Mar 11, 2024 6:35 AM EDT
Is the Dollar Too Strong? Analysts Warn of Potential Risks
According to foreign exchange experts, the dollar is anticipated to remain strong in the upcoming months as markets reevaluate how quickly the Federal Reserve may lower interest rates.
Feb 07, 2024 12:28 AM EST
US Inflation Crashes, Easing Economic Pressure
Another indication that inflation is abating and that Americans should profit from lower interest rates and be spared from excruciating price shocks in 2024 is the Federal Reserve's preferred price index, which decreased last month.
Dec 23, 2023 10:32 AM EST