Money News Today That Matters Tomorrow
You’ve probably noticed by now that gold, and more specifically skyrocketing gold prices, is just about the only thing people talk about these days. Buying gold has become the new trend in investing as the “gold-boom” continues. With the stock market looking as risky as …
Despite global economic woes, one positive aspect for main street America has been the relatively rapid rise of the US dollar of late. The dollar index (DXY), a measure of the greenback against a trade-weighted basket of six major currencies, has strengthened by over 20% …
Other major currencies have also seen significant shifts against the Euro which has declined 2.1% this year against nine developed market counterparts. Along with the greenback, the Yen has risen to 6 month highs against the Euro. This has spurred speculation that the Bank of …