Tag Archives: Currency Intervention

Dollar eases, stocks slide on uncertainty over US stimulus plans

Dollar eases, stocks slide on uncertainty over US stimulus plans

NEW YORK (Reuters) – The dollar weakened and global equities markets slid again on Wednesday, with Wall Street sharply lower, as the previous day’s high hopes of government stimulus to tackle the coronavirus soured on the hard reality of still little action. File Photo: A street cleaning operative walks past …

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World stocks toppled by coronavirus shock, oil price crash

World stocks toppled by coronavirus shock, oil price crash

SYDNEY (Reuters) – Global share markets tumbled on Monday as panicked investors fled headlong to bonds to hedge the economic trauma of the coronavirus, and oil plunged more than 30% after Saudi Arabia opened the taps in a price war with Russia. FILE PHOTO: A man wearing a protective face …

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Fed quarantines U.S. dollars repatriated from Asia on coronavirus caution

Fed quarantines U.S. dollars repatriated from Asia on coronavirus caution

WASHINGTON (Reuters) – The greenback faces the same fate as many travelers returning home from China and other coronavirus hot spots. A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration The U.S. Federal Reserve has begun quarantining physical dollars that it repatriates from Asia …

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China reports fewer coronavirus cases outside epicenter, cases surge in South Korea

China reports fewer coronavirus cases outside epicenter, cases surge in South Korea

SHANGHAI/SEOUL (Reuters) – China reported another fall in the new coronavirus infections outside of its epicenter on Sunday, but world health officials warned it was too early to make predictions about the outbreak as new infections and fears of contagion increased elsewhere. A girl wearing a face mask plays with …

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