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The euro is the world’s second most-used currency, accounting for 20% of global foreign exchange reserves, compared with 58% for the US dollar.Harbour Asset Management fixed income and currency strategist, Hamish Pepper, said the greenback was losing favour, but only at the margin.“The set-up to this weakness in the US dollar was one where pretty much everybody acknowledged that it was an expensive, or overvalued, currency,” Pepper said.AdvertisementAdvertise with NZME.“It’s been supported by this exceptional US economy, so that was the story.“All of a sudden we’ve had a couple of...

Asian currencies are surging as the US dollar weakens, and it could impact summer travel costs.The dollar's decline is driven by the "Sell America" trend and trade negotiations.A weaker dollar may shift purchasing power to Asia, affecting investments and markets.Dreaming of a cocktail on the beach in Malaysia or exploring the buzzing night markets of Taiwan?You might want to hold that thought: Summer vacations in Asia may get more expensive than you think, as the US dollar continues to come under pressure.The typically stable Taiwan dollar surged by as much...

So, you've finally bought your dream home.With still-high home prices and mortgage rates, it probably cost you a pretty penny.You might think you're in the clear — but not quite. Property taxes are another major expense to keep in mind. For new US homeowners, the property tax sticker shock can be real. And if you've owned your home for years, you've most likely seen your tax bill steadily climb. Property taxes — which are based on a home's assessed value — can fall or rise over time because of several...

Retiring in your 30s is far from simple, but Jeff White and Suleyka Bolaños did it by simplifying.They had a clear goal — early retirement in 10 years — and a clear plan: add one rental property a year to their portfolio. And they committed to one strategy: house hacking. By renting out parts of the houses they lived in, they could offset their housing costs and free up extra savings."All we wanted was one deal a year — it wasn't like we were looking for 10 — so it...

If the trade war is making you fear for your portfolio, you're not alone.Institutional investors are also on high alert. Bank of America's latest Fund Manager Survey shows that the biggest money managers are concerned about President Donald Trump's trade policy sparking a global recession.The survey, which collected insights from fund managers globally between April 4 and 10 — right as markets were going haywire because of tariff announcements — revealed that investor expectations for global growth hit 30-year lows in April, with 82% of fund managers expecting a weaker economy...

Since 2017, Jeff White and Suleyka Bolaños have moved homes once a year.They've shared walls with neighbors in duplexes and triplexes, and shared common spaces with roommates in single-family homes. They've lived in a basement unit and a tiny home.The moving process is now "a one-day thing," Bolaños told Business Insider. They pared down their belongings to the point where, "when we would move, we just basically pack up our room."White and Bolaños own each of the homes they've lived in. They're using a strategy known as house hacking, in...

Trump's trade war isn't the only thing that's derailed the stock market in 2025.While anticipated tariffs have exerted the most pressure in recent weeks, the sell-off has been accelerated by a slew of data points that suggest that the economy is on shaky footing. Here are four factors that are souring the mood among investors as the second quarter kicks off. 1. Confidence is droppingConsumers are feeling steadily worse about the state of the economy. Consumer confidence dropped for the fourth month in a row in March, hitting its lowest...

One of the most straightforward ways to get into real estate is to buy and hold a rental. Another popular strategy is flipping properties.However, there are multiple ways to invest in real estate.Business Insider has spoken with investors who are using less traditional strategies to hit financial independence. Here are three.1. Private money lending. If you want to participate in the real estate space without actually buying and managing properties, one option is lending capital to other investors.It's one strategy that financially independent couple Carl and Mindy Jensen are using...