1 / 1 Relevant items tagged with #NigelGreen
Posts: 5
Posts
Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness
[Jun 27 9:11 PM] Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar strengthens, driven by expectations of prolonged elevated U.S. interest rates. The Bloomberg Asia Dollar Index fell by 0.1% on Thursday, marking its lowest point…
Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO
[Aug 5, 2023 7:30 PM] The CEO of asset management firm Devere Group says the world is shifting “away from a dollar-dominated financial system.” Emphasizing that a shift away from U.S. dollar influence “could have positive implications for Asian economies,” he…
US Debt Ceiling Dramas Diminish Dollar’s Credibility and Reputation as Safety Asset, Warns Devere CEO
[Jun 4, 2023 6:00 PM] The CEO of investment management firm Devere Group has warned that the U.S. debt ceiling dramas have weakened the U.S. dollar’s “global reserve currency’s credibility and reputation as a ‘safety asset.’” He cautioned that Congress’ debt
82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows
[Jan 31, 2023 7:30 PM] Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that…