A Doomsayer's Guide to the Dollar and Why It Could Keep Plunging

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A Doomsayer's Guide to the Dollar and Why It Could Keep Plunging

After the Bloomberg Dollar Spot Index closed Tuesday right on the 50 percent retracement line, Wednesday's selloff saw it break right through. Given the sharp rally in 2014, there's not a lot of support levels until it reverses. There will likely be a pause near 1100, but there isn't much major long term
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China says cooperation is only 'correct direction' for China-US trade ties

BEIJING (Reuters) – China's commerce ministry said on Thursday co-operation is the only “correct direction” for the China-U.
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China considering merging its banking, insurance regulators: Bloomberg

BEIJING (Reuters) – China is considering a merger of its banking and insurance regulators, Bloomberg News reported on Friday, citing people familiar with the matter. Government agencies under the direction of a Communist Party central reform group led by President Xi Jinping are drafting a plan that
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Casino mogul Steve Wynn confident on Macau concession extension

HONG KONG (Reuters) – U.S. casino magnate Steve Wynn, head of the eponymous Wynn Resorts , said he was confident his casino business in the world's largest gambling hub of Macau would continue after casino contracts start to expire by 2020.
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Woman missing after falling from Carnival cruise ship

NEW ORLEANS (AP) – A woman has fallen overboard from a cruise ship into the Gulf of Mexico while sailing from New Orleans. Carnival Cruise Line spokesman Vance Gulliken told news outlets that a 44-year-old woman fell from the Carnival Triumph on …
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