DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Meera Chandan - 2 Octavia Popescu - 2 Dado Ruvic - 1 Mark Carney - 1 Tavi - 1 Costa - 1 Bill - 1 Jamie McGeever - 1
Top related locs:
ORLANDO , Florida U.S Britain United States Americas Washington
Top related orgs:
Thomson - 2 REUTERS - 1 Fed - 1 Bank of England - 1 Crescat - 1 Treasuries - 1 United - 1 Office - 1

Search resuls for: "Octavia Popescu"


2 mentions found


☆ Column: US twin deficits matter for the dollar, just not that much
  + stars: | 2023-07-27 | by ( Jamie Mcgeever | Thomson Reuters | Jamie Mcgeever Has Been A Financial Journalist Since | ) www.reuters.com   time to read: +5 min
REUTERS/Dado Ruvic/IllustrationORLANDO, Florida, July 26 (Reuters) - Remember the U.S. twin deficits? The dollar did fall - around 40% between the dotcom bust and the global financial crisis - and the twin deficits were a factor. Indeed, when the twin deficits really exploded in 2008 as the government and Fed fought to prevent another Great Depression, the dollar actually rose 25%. "Twin deficits are inherently unsustainable – for Treasuries and the dollar - unless there is a shift towards a deflationary environment that stimulates demand for sovereign debt instruments," Costa said. Persistently wide twin deficits will test the appetite to use the dollar as the savings currency of choice for investors and countries around the world.
Persons: Dado Ruvic, Mark Carney, Tavi, Costa, Meera Chandan, Octavia Popescu, Bill, Jamie McGeever, Tomasz Janowski Organizations: REUTERS, Fed, Reuters, Bank of England, Crescat, Treasuries, United, Office, Thomson Locations: ORLANDO , Florida, U.S, Britain, United States, Americas, Washington
☆ Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
  + stars: | 2023-06-05 | by ( ) www.reuters.com   time to read: +1 min
LONDON, June 5 (Reuters) - There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint" for the foreseeable future, JPMorgan currency strategists said in a note on Monday. The dollar's share of traded currency volumes is just shy of record highs, at 88%, while the euro's share has shrunk by 8 percentage points in the last decade to a record low of 31%. The share of the Chinese yuan, meanwhile, has risen to a record high of 7%. "De-dollarisation is evident in FX reserves where (the dollar's) share has declined to a record as share in exports declined, but is still emerging in commodities," the strategists said. Reporting by Amanda Cooper; Editing by Karin StroheckerOur Standards: The Thomson Reuters Trust Principles.
Persons: Meera Chandan, Octavia Popescu, Amanda Cooper, Karin Strohecker Organizations: Thomson
0 next >>
Total: 2