Policy by the central bank, interest rate differentials and a risk haven move into U.S. dollar-denominated assets are driving up the dollar against major trading currencies. This is a welcome development as the Federal Reserve continues to prepare investors for a significant increase in the federal ... READ MORE >
U.S. dollar
CHART OF THE DAY: Foreign investment in U.S. securities rebounds
It has been six months since the Biden administration and the new Congress took charge of foreign and domestic policies, and foreign investment flows suggest a vote of confidence in the economy and its institutions. The latest data from the Treasury International Capital (TIC) System indicates a 65% ... READ MORE >