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Recent Articles

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JPMorgan CEO calls cryptocurrencies 'decentralized Ponzi schemes,' noting they facilitate theft, money laundering and other crimes, but says he has no problem with a properly regulated 'stable coin,' a digital currency whose value is pegged to US dollar

China reportedly greatly increasing its purchases from Argentina after Argentina devalued the exchange rate for farmers, triggering a flood of sales

Evercore ISI strategist says Fed could drag US dollar lower sooner than many think, noting FedEx's profit gloom, inverted yield curve between two- and 10-year Treasurys are red flags for a global recession reaching US shores

JPMorgan: US dollar won't peak until interest rates stabilize worldwide and global recession fears subside, which seems unlikely near-term as Europe, China face growth slumps; strong dollar spells trouble for US stocks, is a headwind to corporate earning

Paul Krugman: Fed has far-reaching influence beyond US since global trade and debt is still largely denominated in dollars; as Fed hikes rates to control inflation, dollar dominance means Fed can do more damage to global economy than other central banks

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