LONDON, March 6 (Reuters) – Once hurt by crises and deflation, the euro is gaining popularity among central bank reserve managers thanks to a return to positive rates and geopolitics challenging king dollar’s appeal. Roughly one in five of the … Read More
NEW DELHI/LONDON (Reuters) – U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – have been settled in other currencies. … Read More
U.S. trade gap in goods rises 5.7% in September to $92.2 billion The numbers: The trade deficit in goods widened 5.7% in September to $92.2 billion as a strong dollar crimped exports. Yet a sharp decline in the trade gap since … Read More