Tags: Goldman Sachs

Why The Mexican Currency Intervention Failed: Goldman Explains

Following the MXN rough start of the year, which saw the Mexican currency tumble to its lowest level ever, the central bank stepped into the FX market this morning by selling about $1 billion USD spot, hoping to break the destabilizing MXN relentless depreciation trend. According to the central bank market operations manager, the authorities…

Protesters Swarm Goldman Sachs’ Headquarters, Are “Physically Ejected”

It appears "Occupy Wall Street" is a thing again, and this time it's Donald Trump's fault. Anyone who was wondering if the general population has noticed the abnormal concentration of Wall Streeters in general, and Goldman Sachs alumni in particular, in the Trump administration got their answer on Wednesday afternoon, when screaming protesters, chanting "Drain…

Among the reasons for today's rebound in oil prices, as noted earlier, is renewed hope that OPEC will reach a deal during the cartel's upcoming meeting in Vienna on November 30. The catalysts include Iraq and Iran, both of whom signaled optimism surrounding the proposed OPEC supply-cut deal, while Russian President Vladimir Putin said his…