Plaza Accord

Given the need for a weak renminbi to support export growth, a reprise of the 1985 Plaza Accord with Japan is unlikely

COMMENT: I found Lagarde's comment about "those savings actually stay here to finance what needs to be financed" to be an admission that they are well aware

Experts disagree.

Experts say fears about unpredictable policy are creating crisis of confidence in US bonds once seen as 'risk free'

US president-elect unlikely to get his wish of a weaker currency, according to analysts and investors

Decades of trade deficits and a strong dollar created too many "losers" in the U.S. economy who turned to Donald Trump's protectionist policies, says Nomura's Richard Koo.

The attitude of my postwar cohort has gripped the country for too long

The dollar is at a 20 year high against most major currencies. What can be done about it? And who is impacted the most?

QUESTION: Can central banks not even manipulate the markets?

Donald Trump won the Republican caucuses on Saturday in Michigan, Missouri, and Idaho. Overall, Trump won with nearly 98 percent support against Haley. Back

Thank you for all the work that you have put into Socrates; its projections are amazing.

The impact of devaluations on trade, corporate earnings, prices and capital flows might now be more nuanced

In 2010, Barron's wrote a piece on me effectively laughing at my forecast that the share market would rally to new highs. What seems to inevitably unfold is this notion that whatever the event might be in motion, the mere thought of a reversal in trend appears impossible. When the press disagrees with Socrates, I

Amid all of this year's wild volatility in financial markets, there's one undisputed winner: the U.S. currency.

The Federal Reserve is laser-focused on stemming price increases in the United States. But countries thousands of miles away are reeling from its hardball campaign to strangle inflation, as their central banks are forced to hike interest rates faster and higher and a runaway dollar pushes down the value of their currencies.

The last time the pound flirted with dollar parity, Margaret Thatcher was prime minister

Stephen S. Roach finds remarkable similarities in the US approach to its trade deficit in the 1980s and today.

An option model on the pound shows there's a high probability of the currency dropping to a 37-year low.

With a recession potentially on the way because of inflation and rising rates, we must ask whether the business cycle itself is changing.

An incoherent policy is speeding Beijing's rise.