The US dollar is strengthening. Here’s what’s driving the rally and what it means for Americans

The US dollar index, which measures the currency’s strength against six of its peers, closed Tuesday at 106.26, its highest level since early November. The US economy’s remarkable strength is a big ... Read More

AUD/USD posts gain, yet dive below 0.6500 amid Aussie CPI, ahead of US GDP

On Wednesday, during the Asian session, Australia’s Bureau of Statistics (ABS) revealed that inflation for Q1 2024 exceeded estimates by far of 0.6%, increasing QoQ by 1%. Annually based, the Consumer ... Read More

US Dollar Index (DXY)

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US Dollar (DXY) Index News: Fed’s Cautious Stance Boosting Greenback

At 13:39 GMT, the U.S. Dollar Index (DXY) is trading 104.441, up 0. ... The US Dollar Index is edging higher on Wednesday, putting it in a postion to possibly breakout over last week’s high ... Read More

USD/JPY finds its highest bids since 1990, approaches 156.00

With the pair hitting its highest bids in over three decades, USD/JPY is on pace to close in the green for a fourth consecutive month. The pair is up nearly 6% from the last swing low near 146.50 in ... Read More

US Dollar Looks to Extend Rise: EUR/USD Aims for Parity, USD/JPY at Tipping Point

The US dollar has rallied recently and is now consolidating gains. Geopolitical tensions and hawkish Fed comments are fueling the rise of the US dollar against major currencies like the euro and ... Read More

USD/JPY forecast: signal ahead of the BoJ interest rate decision

The USD/JPY exchange rate will be the forex major to watch this week as the Bank of Japan (BoJ) delivers its interest rate decision and as the US publishes crucial economic data. It was trading at 154 ... Read More

US dollar gains after strong data, Fed comments on rate cuts

The dollar rose on Thursday as a mixed batch of U.S. data did little to shake views that the economy is still on solid ground, suggesting the Federal Reserve will likely delay the timing of its first ... Read More

BTC trades at ‘deep discount’ after halving — 5 things to know in Bitcoin this week

Cointelegraph takes a closer look at the key issues on the radar for Bitcoin market participants going forward in the weekly digest of BTC price triggers to look out for. After an uneventful weekly ... Read More

US inflation rises to 3.5%, weakening hopes of early interest rate cuts – business live

Rolling coverage of the latest economic and financial news ... Read More

Winter wheat futures jump on dry weather concerns

US crude oil prices were mixed Thursday, holding near three-week lows amid mixed domestic economic news ... The US dollar index declined Wednesday for the first time in seven trading days ... Read More

The US dollar is strengthening. Here’s what’s driving the rally and what it means for Americans

The mighty US dollar flexed some muscle last week in ... after the news. Monday: Earnings from Verizon, Truist and Albertsons. The Chicago Fed releases its National Activity Index for March. Read More