Ten years after the 2008 financial crash, soaring foreign currency debt is endangering financial markets. It has already caused problems in emerging markets this year, states the Bank For International Settlements (BIS) latest quarterly report.
Companies and governments around the … Read the rest
The US dollar is underpinned by several factors. Despite that, it has fallen from its peak against major currencies in recent days. Is this a signal that the dollar bull market is nearing an end?
The reasons for US dollar … Read the rest
Sanguine economists claim that forex traders are over-reacting about contagion dangers. Currency and bond trends indicate otherwise
The Turkish financial crisis exacerbates an emerging market foreign debt problem that has been brewing for some time.
On the face of it, … Read the rest