US dollar

The Latest

  • DeFi Trading Tied to Dollar's Strength, Says Fed's Christopher Waller
    Sheets of former U.S. President Abraham Lincoln on the five-dollar bill.
    In a recent address at the "Climate, Currency, and Central Banking" conference held in the Bahamas, Federal Reserve Governor Christopher Waller offered an optimistic perspective on the future of decentralized finance (DeFi) and its potential to bolster the global dominance of the U.S. dollar.
  • US Dollar Hits Two-Month Low as Fed Rate Hike Expectations Diminish
    A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo.
    The U.S. dollar index plunged to a two-and-a-half-month nadir on Monday, continuing its descent from the previous week, amid growing investor conviction that the Federal Reserve's interest rate hiking cycle may have reached its peak.
  • U.S. Dollar's Nine-Week Rally: Impacts and Insights
    A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo.
    The U.S. dollar has been on a remarkable journey, marking its ninth consecutive week of gains since July, a trend that has caught the attention of market watchers and investors alike. This consistent upward trajectory has implications not only for the U.S. economy but also for international markets and companies with global exposure.
  • Hedge Funds Turn Bullish on Dollar Ahead of Fed Meeting
    Franklin Resources-Legg Mason Merger
    As the Federal Reserve's interest rate meeting approaches, hedge funds are widely anticipating the FOMC to maintain its hawkish stance, showing optimism towards the U.S. dollar for the first time in six months.
  • Dollar Dominance: Euro Slumps for Eight Weeks Amid U.S.-Europe Economic Divergence
    U.S. Dollar
    The U.S. dollar is making a powerful comeback, and its upward trajectory may continue for an extended period.
  • Dollar Fever? U.S. Currency's 4% Surge in Six Weeks Analyzed
    A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo.
    The U.S. dollar has recently rebounded swiftly, but analysts believe this uptrend might be short-lived.
  • Euro Soars Against Dollar: Poised for Longest Winning Streak in Nearly Two Decades
    Banknotes of Euro, Hong Kong dollar, U.S. dollar, Japanese yen, GB pound and Chinese 100 yuan are seen in this picture illustration
    Investors are betting on the U.S. Federal Reserve wrapping up its interest-rate hikes, leading to a decrease in the value of the U.S. dollar. Consequently, the euro-to-dollar exchange rate is on track to set the longest winning streak since 2004.
  • Dollar Dips Amid Cooling Inflation: A Game Changer on Wall Street
    Franklin Resources-Legg Mason Merger
    New data from the U.S. Bureau of Labor Statistics shows that the year-on-year increase in the U.S. Consumer Price Index (CPI) in June continued to fall from 4% in May to 3%, lower than the predicted 3.1%. This marked a 12-month decline and the lowest point since March 2021. The year-on-year growth rate of the Producer Price Index (PPI) in June slowed down from 1.1% in the previous month to almost no growth at 0.1%, lower than the anticipated 0.4% and a record low since August 2020.
  • Resilient Dollar Scales Seven-Week Summit Following Encouraging Economic Indicators and Debt Ceiling Optimism
    A security guard walks past a montage of old U.S. dollar bills outside a currency exchange.
    The US dollar reached a new seven-week zenith on Thursday, buoyed by a second wave of robust economic data that dampened speculation about a potential Federal Reserve easing, and fostered by hopeful sentiments surrounding an imminent US debt ceiling deal to prevent a potential default.
  • US Dollar Gains as Inflation Data Supports Fed Rate Hike Expectations
    CURRENCIES
    The U.S. dollar strengthened on Friday after inflation data for March revealed growth, albeit at a slower pace, bolstering expectations that the Federal Reserve will increase interest rates at its upcoming monetary policy meeting next week.
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