The latest currency headlines from MarketWatch

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Commercial real estate is headed for a ‘real mess’ but could avert financial disaster, leading economist says

"I expect a major correction in commercial real estate is already underway," said Adam Posen, president of the Peterson Institute for International Economics.

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Higher inventories offset slight rise in trade deficit in goods and could boost U.S. GDP

The U.S. trade deficit in goods rose less than 1% in February while inventories rebounded, potentially adding strength to gross domestic product in the first quarter.

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Recession looks less likely for U.S., these economists say, but a ‘slog’ still lies ahead

Despite the recent bank panic, a recession in the U.S. is still not the most likely outcome, according to experts in Washington.

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Small U.S. banks lose 1.9% of deposits after SVB failure — and more money could flee

Deposits at U.S. small banks fell 1.9% in the latest week, the Federal Reserve reported Friday, amid the fallout from the failure of Silicon Valley Bank.

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Ron DeSantis proposes law to ban a ‘centralized digital dollar’ in Florida

President Biden signed an executive order in 2022 to research a central bank digital currency, but the U.S. government has not stated plans to create one.

Ticker Name Last Chg Chg %
EURUSD Euro $1.0860 0.0013 0.12%
USDJPY Japanese Yen ¥132.49 1.61 1.23%
GBPUSD British Pound $1.2332 -0.0010 -0.08%
AUDUSD Australian Dollar $0.6678 -0.0030 -0.45%
DXY U.S. Dollar Index (DXY) 102.57 0.14 0.14%
BUXX WSJ Dollar Index 96.23 0.23 0.24%

More Currency News

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‘Very unclear’: Powell’s press conference provided more questions than answers. Here are 4 big ones economists still have.

Here are five key questions to ponder after Fed Chairman Jerome Powell's press conference on Wednesday.

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Fed hikes interest rates again, pencils in just one more rate rise this year

The Federal Reserve moved ahead Wednesday with another interest-rate hike, but the central bank penciled in only one more rate hike this cycle.

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Fed likely to follow ECB’s playbook and hike interest rates this week

The European Central Bank raised its benchmark interest rate by 50 basis points on Thursday. Will the Federal Reserve follow suit?

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The Fed will either pause or hike interest rates by 25 basis points. What are the pros and cons of each approach?

The Federal Reserve will either pause interest rates or hike rates by 25 basis points at its meeting Wednesday. Here are the pros and cons of each move.

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Silicon Valley Bank: Here’s what happened to cause it to collapse

Here are the events that led up to the collapse of Silicon Valley Bank, which caused the government to put in place an emergency backstop for all banks.

Ticker Name Last Chg Chg %
BTCUSD Bitcoin USD $28,399 1,070 3.92%
ETHEUR Ethereum EUR €1,665.50 29.02 1.77%
LTCUSD Litecoin USD $91.25 2.94 3.33%
XRPUSD XRP USD $0.5502 0.0260 4.96%
BCHUSD Bitcoin Cash USD $123.87 2.73 2.25%
XMRUSD Monero USD $158.25 4.57 2.97%