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Why a Rebound in the Dollar May Have Slowed the Rally in Stocks

Why a Rebound in the Dollar May Have Slowed the Rally in Stocks

By Andrew Prochnow

|
January 30, 2024

The U.S. dollar remains the world’s top reserve currency. As a result of that status, changes in the value of the dollar can reverberate to other parts of the global financial markets.

Dollar Peaks Against Yuan As Chinese Economic Slowdown Weighs on USD/CNY Exchange Rate

By Sage Anderson

|
June 20, 2023

The post-COVID economic recovery in China weakened in Q2 and a new stimulus package has weighed on the yuan, tilting the USD/CNY exchange rate further in favor of the dollar.

Gold is Starting to Shine

By Christopher Vecchio

|
June 5, 2023

Gold prices have staged an impressive run since the middle of March. Could more gains lie ahead?

Trading the Digital Yuan: The first central bank-backed digital currency

By Sage Anderson

|
April 14, 2021

The digital yuan (aka eCNY) is already being tested in mainland China, and the upcoming release of this new blockchain-enabled central bank digital currency (CBDC) is poised to further disrupt international foreign currency markets.

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Luckbox Magazine is a product and service offered by tastylive, Inc. (“tastylive”). Luckbox Magazine content is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Luckbox Magazine content is for informational and educational purposes only. Trading securities, futures products, and digital assets involves risk and may result in a loss greater than the original amount invested. The information provided in Luckbox Magazine may not be appropriate for all individuals, and is provided without respect to any individual’s financial sophistication, financial situation, investing time horizon or risk tolerance. Transaction costs (commissions and other fees) are important factors and should be considered when evaluating any securities, futures, or digital asset transaction or trade. For simplicity, the examples and illustrations in these articles may not include transaction costs. Nothing contained in this magazine constitutes a solicitation, recommendation, endorsement, promotion or offer by Luckbox Magazine or tastylive, Inc., or any of its subsidiaries, affiliates or assigns. While Luckbox Magazine and tastylive believe that the information contained in Luckbox Magazine is reliable and make efforts to assure its accuracy, the publisher disclaims responsibility for opinions and representation of facts contained therein. Active investing is not easy, so be careful!

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