Dollar Tumbles, U.S. Debt Selloff
This is a U.S. news story, published by Yahoo Finance, that relates primarily to George Saravelos news.
U.S. news
For more U.S. news, you can click here:
more U.S. newsGeorge Saravelos news
For more George Saravelos news, you can click here:
more George Saravelos newsNews about forex trading & speculation
For more forex trading & speculation news, you can click here:
more forex trading & speculation newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about forex trading & speculation, you might also like this article about
dollar liquidity. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest hedge funds news, Nixon shock news, news about forex trading & speculation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
financial marketsMarketWatch
•Business
Business & Economics
Collapse of the dollar shows ‘the biggest damage right now is to the U.S. brand’
71% Informative
The mighty dollar, ordinarily a safe haven during times of market-based stress, is falling apart.
The weakening greenback has been accompanied by a dramatic selloff in U.S. government debt and whipsaw action in all three major stock indexes DJIA SPX COMP on Friday .
Such coinciding moves are “rare, ugly and worrying” according to Evercore ISI.
U.S. exceptionalism is the term used to describe the unique elements of the American economy and financial system which make it more attractive than elsewhere in the world.
Deutsche Bank researcher George Saravelos says the market is reassessing the structural attractiveness of the dollar as the world’s global reserve currency and undergoing a process of rapid dedollarization.
VR Score
80
Informative language
84
Neutral language
48
Article tone
formal
Language
English
Language complexity
55
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links
Small business owner?