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US sanctions threat hammering the ruble to multi-month lows

By ethan / August 9, 2018

The Russian currency is slipping on Thursday after Washington proposed the latest round of anti-Russian sanctions. The ruble has hit the lowest level against the US dollar in nearly two years. The US government is considering a broadened ban on dollar transactions by Russian lenders and operations with Russia’s newly-issued sovereign bonds. The latest punitive […]

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Support for Macron & Merkel’s coalitions plunge to record new lows – polls

By ethan / July 29, 2018

The people’s dissatisfaction with the leading EU governments appears to be rising, as fresh polls show a record decline in the ratings of French President Emmanuel Macron and of German Chancellor Angela Merkel’s ruling coalitions. Support for Merkel’s conservative Christian Democratic Union (CDU) and its sister party, Bavaria’s Christian Social Union (CSU), has gone down […]

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US dollar crashes to 3yr lows against major currencies

By ethan / January 25, 2018

The greenback has touched the lowest level against major global currencies since 2015. This comes after the US treasury secretary announced that Washington favors a weak dollar in trade. Addressing the World Economic Forum in Davos, Switzerland, Steven Mnuchin said that a weaker dollar “is good for us as it relates to trade and opportunities.” […]

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