US consumer confidence falls pessimistic, focus on Fed Powell

June 29, 2022

Asian stocks saw a sell-off, following Wall Street's footprints. Depressed US consumer confidence rattled global market sentiment. A stable US PCE price is in itself a damaging catalyst...

US dollar retreats as markets reassess Fed rate path

Hayley Mitchell

June 24, 2022

US Dollar News

U.S. dollar banknotes are displayed in this illustration taken February 14, 2022. REUTERS/Dado RuvicJoin now for FREE unlimited access to Reuters.comRegisterThe US dollar posts its first weekly decline this mon...

Russian Ruble Hits 7-Year High Against US Dollar – Economist Says ‘Don’t Ignore Exchange Rate’ Coinspeaker

Hayley Mitchell

June 21, 2022

US Dollar News

Recent news reports detailed that Russia's fiat currency, the ruble, was the best-performing currency in the world and the articles explained that US economists were puzzled by this trend. On Monday, th...

US Dollar Technical Forecast: EUR/USD, GBP/USD, AUD/USD, USD/JPY

Hayley Mitchell

June 19, 2022

US Dollar News

US Dollar Technical Forecast: BullishThe US dollar has just finished a very busy week. The previous week ended with misfortune and sadness as risk trading tightened ahead of the FOMC forecast tightening. A...

Bulls approach confluence of 104.75 resistance

Hayley Mitchell

June 17, 2022

US Dollar News

The US Dollar Index bounced off its weekly low to break the two-day downtrend. A two-day-old falling trend line, the 23.6% Fibonacci retracement keeps an immediate upside. 100-EMA limit...

Explained: Why are the markets, the rupee falling?

Hayley Mitchell

June 14, 2022

US Dollar News

Domestic stock markets and the rupiah faced tough weather conditions in early trading on Monday as the sharp rise in US inflation sparked concerns over more aggressive rate hikes and larger capital outflows. T...

US inflation soars 8.6%, highest in 40 years – Economist says we ‘see no signs we’re clear’

Hayley Mitchell

June 11, 2022

US Dollar News

After the release of the April Consumer Price Index (CPI) report, a number of American economists and bureaucrats said that inflation had peaked and it was possible that it would decreases. However, sta...

Bulls look dodgy around 102.50 ahead of data, ECB

Hayley Mitchell

June 9, 2022

US Dollar News

DXY is trading with no clear direction in the middle of 102.00. Investors remain cautious about the ECB and the US CPI. The initial weekly claims come next in the NA session. The gree...

Stocks slide, dollar rises as investors worry about rates

Hayley Mitchell

June 7, 2022

US Dollar News

US stock futures fell and the dollar rose 0.12% as investors awaited Friday's inflation figures. Rate hikes are back on investors' m...

Crypto is here to stay and now is the time to think long term

Hayley Mitchell

June 4, 2022

US Dollar News

It has been a brutal time for the crypto market and a difficult time for cryptocurrency investors to keep their emotions in check.The industry's market capitalization crash was led by terraUSD, one of the most ...

Dollar dominance waning on alternative currencies, IMF says

Hayley Mitchell

June 2, 2022

US Dollar News

The dollar's dominance is eroding against non-traditional reserve currencies, IMF economists said. Currencies, including the krone ...

May 30 live updates: German inflation soars, oil tops $120 a barrel, Denmark faces gas supply cut

Hayley Mitchell

May 30, 2022

US Dollar News

This week, many of us will have an anticipated holiday season, as an increase in birthdays means an increase in public rest days across the world.If you're reading this in the United States, you're already deep...

How the Falling Rupee Affects the Economy and the Pocket of an Ordinary Man

Hayley Mitchell

May 28, 2022

US Dollar News

Image source: PTI (FILE/REPRESENTATION) The value of the rupee recently fell to an all-time low, prompting the Reserve Bank of India (RBI) to stem the decline in the currency's value. Rupee against dollar...

Terra to Split and Ditch Its Stablecoin After Losing Dollar Peg

Hayley Mitchell

May 25, 2022

US Dollar News

Terra's abandons its original blockchain after the collapse of its native stablecoin Terra Co-Founder Do-Kwon First Proposed Terra R...

US Dollar Index (DXY) Breaks Down Exponential Uptrend

Hayley Mitchell

May 20, 2022

US Dollar News

The US Dollar Index (DXY) reached a long-term resistance zone in the 103-104 range at the end of April 2022. A rejection from this zone could trigger a DXY correction, which, attributed to its negative correla...

“Nothing gets worse forever,” says Morgan Stanley

Hayley Mitchell

May 18, 2022

US Dollar News

Image ©Adobe Images The dollar should make a decisive turn lower by autumn, according to Morgan Stanley, which would allow the pound and other major currencies to rally. In a mid-year strategy update, Morgan ...

US travelers will save on EU trips as dollar and euro nearly hit parity

Hayley Mitchell

May 15, 2022

US Dollar News

Share the article Last update 35 minutes agoLow exchange rates have always been a tempting reason for travelers to visit a destination. The cost of souvenirs, hotel stays, restaurants, and e...

Imran Khan’s Veiled Jibe to Pak’s Army

Hayley Mitchell

May 13, 2022

US Dollar News

Imran Khan said the "imported government" was doing nothing as the market waited for action.Islamabad: Former Pakistani Prime Minister Imran Khan on Friday slammed the mighty military for allowing the oppositio...

Canadian dollar risks still on the downside, say CIBC and TD Securities

Hayley Mitchell

May 11, 2022

US Dollar News

USD/CAD risk still higher, says TD and CIBC A break of 1.30 considered likely for the coming months CIBC plans to climb to 1.33 as TD warns of 1.35 Global Economic Risks, BoC Policy Outlook Cited Photo ©...

Live: Emmanuel Macron proposes a new enlarged European community

Hayley Mitchell

May 9, 2022

US Dollar News

BioNTech beat profit and revenue expectations as the Omicron variant spurred strong demand for its Covid-19 vaccine developed with Pfizer. The German biotech company posted first-quarter revenue of 6.4 billion ...

When is the monthly Canadian jobs report and how could it affect USD/CAD?

Hayley Mitchell

May 6, 2022

US Dollar News

Overview of employment details in Canada Statistics Canada is due to release April's monthly jobs report later this Friday at 12:30 GMT. The Canadian economy is expected to have added 55,...

USD/CAD Slides To Tokyo Session Lows As US Dollar Pulls Back

Hayley Mitchell

May 3, 2022

US Dollar News

USD/CAD Slips in Tokyo in Fragile Market Conditions Ahead of Fed. The Fed has the option of a much higher terminal rate compared to the Bank of Canada. USD/CAD is under pressure in Tok...

US dollar slides but posts best month since early 2015

Hayley Mitchell

April 30, 2022

US Dollar News

The U.S. dollar slid from its highest level in 20 years against a basket of currencies on Friday, but posted the best month in...

DENSO Announces Financial Results

Hayley Mitchell

April 28, 2022

US Dollar News

KARIYA (Japan) ―DENSO, a leading mobility provider, today announced its worldwide financial results for its fiscal year ending March 31, 2022: IConsolidated revenue totaled 5,515.5 billi...

Live updates: Russia to expel German consulate staff in tit-for-tat move

Hayley Mitchell

April 25, 2022

US Dollar News

An aerial photo of Irpin, northwest of kyiv. The city was damaged by shelling © AFP via Getty Images The conflict in Ukraine is a certainty for current events...

The use of Bitcoin as currency may be just beginning (Cryptocurrency: BTC-USD)

Hayley Mitchell

April 23, 2022

US Dollar News

Eonen/iStock via Getty Images Will bitcoin (BTC-USD) become a widely used medium of exchange? His lack of acceptance as payment by merchants, along with its high transaction costs, "is changing," Morgan S...

Investors are monitoring Covid in China

Hayley Mitchell

April 20, 2022

US Dollar News

SINGAPORE — Shares in Asia-Pacific edged higher in Thursday morning trading as investors continue to monitor the Covid situation in China as well as movements in the Japanese yen.The Nikkei 225 in Japan gained ...

Remains on course to resume 101.00

Hayley Mitchell

April 18, 2022

US Dollar News

The US Dollar Index climbs to retest Thursday's high of 100.76. Firmer yields, inflation and Ukrainian risks keep the dollar as a safe haven. DXY has more room for improvement, seeks to...

Kyodo News Digest: April 15, 2022

Hayley Mitchell

April 15, 2022

US Dollar News

A woman lights a lantern at a temporary accommodation in Mashiki city, Kumamoto prefecture on April 14, 2022, the sixth anniversary of two devastating earthquakes in the southwestern p...

The rupee drops 14 paise to 76.05 against the US dollar in early trading

Hayley Mitchell

April 12, 2022

US Dollar News

The rupee fell 14 paise to 76.05 against the US dollar in Tuesday's opening session, following the US currency's strengthening in the overseas market and a negative trend in domestic equities.On the interbank e...

What led to the downfall of leader Imran Khan in Pakistan? | Imran Khan News

Hayley Mitchell

April 9, 2022

US Dollar News

Imran Khan's tumultuous tenure as Prime Minister of Pakistan has come to an end, after weeks of political drama and days of constitutional chaos. The landmark Supreme Court verdict on Thursday night restored a ...

Peru raises interest rate to 13-year high as inflation sparks protests | world news

Hayley Mitchell

April 8, 2022

US Dollar News

LIMA (Reuters) - Peru's central bank on Thursday raised the country's benchmark interest rate by 50 basis points to 4.5%, the highest since 2009, as authorities battle persistent inflation that sparked angry pr...

US and EU tighten sanctions against Russia

Hayley Mitchell

April 6, 2022

US Dollar News

BRUSSELS — The Biden administration is set to impose a second round of sanctions on Russia this week, including two of its biggest banks and two daughters of Russian President Vladimir Putin, U.S. officials sai...

XAU/USD weighed on US Dollar strength and Euro weakness following Russian sanctions

Hayley Mitchell

April 4, 2022

US Dollar News

Update: Asia's gold price, XAU/USD, remains subdued as the opening session progresses while the US Dollar remains in bullish hands while trading above 98.50, according to the DXY index. ...

Live April 1 news: Russia accuses Ukraine of attacking fuel depot, US economy creates 431,000 jobs

Hayley Mitchell

April 1, 2022

US Dollar News

Ukrainian officials said on Friday that the country's armed forces had liberated Bucha, a suburb adjacent to Irpin, just north of the capital Kyiv, along with dozens of other towns and villages across the count...

US Dollar Index remains depressed near 98.00 ahead of data

Hayley Mitchell

March 30, 2022

US Dollar News

DXY is testing multi-day lows in the vicinity of 98.00. US yields extend the downtrend on Wednesday. ADP, fourth quarter GDP is the next item to note on the US calendar. The continuat...

New world order? One-Two Punch Of Covid And The Globalization Of Rattles Of War

Hayley Mitchell

March 27, 2022

US Dollar News

Globalization was already in crisis when Donald Trump launched a trade war with China in 2018Paris: Globalization, which has both fans and detractors, is being tested like never before after the punch of Covid ...

Russian stock market reopens after month-long shutdown, US stocks rally

Hayley Mitchell

March 24, 2022

US Dollar News

Russian stocks saw wild swings as the market reopened for limited trading after being closed for a month, and US stocks rallied. Stock trading was suspended in late February after President Vladimir Putin invad...

Xybion Digital Inc. Wins 5-Year Multi-Million US Dollar Contract With Leading Europe-Based Global Pharmaceutical Company | 2022-03-22 | Press Releases

Hayley Mitchell

March 22, 2022

US Dollar News

VANCOUVER, BC and PRINCETON, NJ /ACCESSWIRE /March 22, 2022/ Xybion Digital Inc. (TSXV: XYBN) (“Xybion” or the “Company”), a global, low-code SaaS company that enables digital transformation in highly ...

The ringgit will trade in a narrow range against the US dollar this week

Hayley Mitchell

March 20, 2022

US Dollar News

KUALA LUMPUR, Mar 20 (Bernama): The Ringgit is expected to trade in a tight range with a downside bias between 4.19 and 4.21 ag...

Global stocks, US yields rise on Ukraine peace hopes, Fed rate hike

Hayley Mitchell

March 16, 2022

US Dollar News

Traders expect a quarter percentage point rate hikeUS 10-year yields near three-year highsBrent's future downSafe haven gold, falling US dollarNEW YORK, March 16 (Reuters) - Global stock markets and U.S. Treasu...

US Treasury Yields Rise, Oil Falls on Ukraine Peace Hopes

Hayley Mitchell

March 14, 2022

US Dollar News

Ukraine and Russia report scant progress in peace talksBenchmark 10-year yields hit two-and-a-half-year highOil prices drop 8%US dollar index downNew York, March 14 (Reuters) - U.S. Treasury yields hit two-and-...

A LOOK BACK | Evidence that Russia is hoarding gold, says industry leader in legislature | News

Hayley Mitchell

March 12, 2022

US Dollar News

Sixty years ago this week: Merrill E. Shoup, chairman of the Golden Cycle Corp...

Dollar supply and runaway inflation show why the Fed will rush to hike

Hayley Mitchell

March 10, 2022

US Dollar News

Image ©Adobe Images The dollar looks set to extend its multi-week appreciation trend against the pound and euro amid gloomy market sentiment linked to the war in Ukraine and news that US inflationary pressure...

US Digital Dollar News: Is America switching to virtual currency? What is a CBDC?

Hayley Mitchell

March 8, 2022

US Dollar News

A US digital dollar is on the way with the Federal Reserve revealing details in a new document. Source: Images by Marie Shearin / Shutterstock.com According to this document, the Fed plans to intro...

Russia’s demand for US safeguards could hurt nuclear talks, Iranian official says

Hayley Mitchell

March 5, 2022

US Dollar News

Russia's announcement, which could torpedo months of intensive indirect talks between Tehran and Washington in Vienna, came shortly after Tehran said it had agreed a roadmap with the nuclear watchdog UN to res...

Canada preparing to welcome ‘unlimited number’ of Ukrainians fleeing war, minister says

Hayley Mitchell

March 3, 2022

US Dollar News

Immigration Minister Sean Fraser announced on Thursday that the federal government has created two new pathways for Ukrainians fleeing their war-torn country to come to Canada - part of a plan to accept a "numb...

Putin’s nuclear decision could make situation ‘much, much more dangerous’, US official says

Hayley Mitchell

February 27, 2022

US Dollar News

Putin gave the order as Washington believes Russian forces are suffering unexpected setbacks on the battlefield during their four-day invasion due to heavy Ukrainian resistance and planning failures that left ...

US Dollar Index hovers around 97.00, focus remains on Russia and Ukraine

Hayley Mitchell

February 25, 2022

US Dollar News

The DXY is pulling back from Thursday's cycle highs near 97.70. Global attention remains focused on events in Ukraine. PCE, Durable Goods Orders, U-Mich Index next to be noted on file. ...

The US Dollar Index remains offered around 96.00

Hayley Mitchell

February 23, 2022

US Dollar News

DXY adds to recent losses and puts 96.00 to the test. The dollar's decline comes despite rising US yields. MBA mortgage applications are then handy on file. the US Dollar Index (DXY)w...

FX Markets Nervously Watch Ukraine Headlines, Cheer for Possible Top

Hayley Mitchell

February 21, 2022

US Dollar News

By Alun JohnHONG KONG (Reuters) - Currency markets started the week nervously watching tensions in Eastern Europe, with the safe-haven yen not far off a two-week high while the euro was on edge. given the energ...

Speculators net long bets on falling USD – CFTC, Reuters

Hayley Mitchell

February 18, 2022

US Dollar News

NEW YORK, Feb 18 (Reuters) - Speculators' net long bets on the U.S. dollar fell last week, according to Reuters calculations and U.S. Commodity Futures Trading Commission data released on Friday.The value of th...

Dollar advances; Ukrainian president’s comments add to investor anxiety

Hayley Mitchell

February 14, 2022

US Dollar News

The dollar appreciates on fears over UkraineThe euro considered vulnerable to a possible escalationDollar index hits two-week highNEW YORK, Feb 14 (Reuters) - The U.S. dollar index hit a two-week high on Monday...

Zimbabwe: Mangundya’s ‘Ginyanomics’ won’t solve inflation crisis, says Biti

Hayley Mitchell

February 12, 2022

US Dollar News

FORMER Finance Minister Tendai Biti has called the Governor of the Reserve Bank of Zimbabwe a fool, saying his monetary policies are insufficient to control inflation. Biti said this in a scathing attack on M...

The pound gives up its first gains against the US dollar

Hayley Mitchell

February 10, 2022

US Dollar News

The British pound initially rose during Thursday's trading session, but gave back its gains fairly quickly as it approached the 200-day EMA. That being said, the market seems to be struggling to find some shor...

Live News: US Treasury Concerned About Stablecoin Risks

Hayley Mitchell

February 8, 2022

US Dollar News

Global government bonds remained under pressure on Tuesday as traders weighed the prospect of monetary policy tightening by central banks to slow soaring inflation.The yield on the 10-year US Treasury note, whi...

Russian attack on Ukraine possible ‘any day’, but diplomacy still an option – White House

Hayley Mitchell

February 6, 2022

US Dollar News

WASHINGTON, Feb 6 (Reuters) - Russia could invade Ukraine within days or weeks but could still opt for the diplomatic route, White House national security adviser Jake Sullivan said on Sunday. "We are within t...

After war talk spooks investors, Ukraine turns to US for financial help

Hayley Mitchell

February 4, 2022

US Dollar News

US and European warnings about a possible Russian military attack on Ukraine may have averted an invasion for now, but the statements have also caused collateral damage to Ukraine's economy, officials in Kyiv a...

FTSE rise driven by tech and telecom ahead of bank rate decision

Hayley Mitchell

February 2, 2022

US Dollar News

...

Crypto can reduce competition for US dollars

Hayley Mitchell

January 31, 2022

US Dollar News

Billionaire CEO Michael J. Saylor has called bitcoin an essential invention and recently said he has nearly 18,000 bitcoins worth around $740 million. But the founder of MicroStrategy, the Virginia-based busine...

Hawkish Fed has markets eyeing NFPs, RBA, ECB and BoE

Hayley Mitchell

January 29, 2022

US Dollar News

US Dollar Fundamental Forecast: BullishUS dollar continues to appreciate on risk aversion and Fed rate hike estimatesThis week's focus is on US nonfarm payrolls, which includes wage dataThe RBA, ECB and BoE co...

Live News: McDonald’s sales growth lacking after China’s Covid lockdowns

Hayley Mitchell

January 27, 2022

US Dollar News

Comcast reported higher-than-expected sales in the fourth quarter, buoyed in part by its NBCUniversal division, but growth was modest across most of its business.Cable revenue rose 4.5% in the last three months...

US Dollar ‘Apocalypse’ Coming in 10 Years, More Countries Will Make Bitcoin Legal Tender

Hayley Mitchell

January 25, 2022

US Dollar News

https://www.youtube.com/watch?v=6SDaueBJk0I (Kitco News) - Over the past 300 years, most of the world's major fiat currencies have depreciated significantly or even lost their value e...

Will the Fed derail the dollar rebound?

Hayley Mitchell

January 23, 2022

US Dollar News

Fundamental forecast for the US dollar: neutralFed rate hike expectations have risen in recent weeks. If the FOMC disappoints, the US dollar could be in trouble.What makes the US dollar so vulnerable to an FO...

Bond yields fall as Netflix fuels stock market selloff

Hayley Mitchell

January 21, 2022

US Dollar News

The DAX German stock price index chart is pictured on the stock exchange in Frankfurt, Germany, September 5, 2018. REUTERS/Staff/File PhotoJoin now for FREE unlimited access to Reuters.comRegisterStocks fall in...

Asian stocks tumble after pullback on Wall Street | Economic news

Hayley Mitchell

January 19, 2022

US Dollar News

By YURI KAGEYAMA, AP Business WriterTOKYO (AP) — Asian stocks fell in cautious trading on Wednesday. with Tokyo's Nikkei 225 down almost 3%, after Wall Street stocks fell to a new low for the year.Shares also ...

Dollar stabilizes as traders reassess rate hike bets

Hayley Mitchell

January 17, 2022

US Dollar News

LONDON: The dollar fell slightly on Monday as traders believed the Federal Reserve's tightening measures were largely priced in, while the euro eased from Friday's two-month high. An unexpected drop in key rate...

Business News | Stock and Equity Market News | Financial news

Hayley Mitchell

January 13, 2022

US Dollar News

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Dollar Stalls As Traders Wait For Policy Advice From Powell | Money

Hayley Mitchell

January 11, 2022

US Dollar News

The dollar index, which measures the currency against six peers, hovered around 95.93 at the start of the Asian session. - Photo by Hari Anggara NEW YORK, January 11 - The US dollar hovered near the midp...

Base metals fall on hawkish signals from US Fed

Hayley Mitchell

January 6, 2022

US Dollar News

LONDON, Jan.6 (Reuters) - Industrial metal prices eased on Thursday after minutes from the US Federal Reserve's December meeting indicated that interest rates could rise faster than expected, dragging down l ap...

Dollar hits 5-year high in early 2022 as Tokyo shares rise

Hayley Mitchell

January 4, 2022

US Dollar News

The US dollar briefly hit a five-year high in the upper 115 yen range on Tuesday, the first trading day of 2022, as Tokyo stocks surged to take the Nikkei index to its highest level in addi...

Shiba Inu Project Reveals ‘Doggy DAO’, Developers Say Phase 1 Will Provide ‘Immediate Power To SHIB Army’ – Altcoins Bitcoin News

Hayley Mitchell

January 1, 2022

US Dollar News

In the last semester of 2021, Decentralized Autonomous Organizations (DAOs) came out en masse, dropping tokens and creating governance systems for specific projects. Just before the end of the year on D...

Dollar to Naira Black Market Exchange Rate Today

Hayley Mitchell

December 31, 2021

US Dollar News

Black Market Rate in Naira - This is the latest USD-Naira exchange rate today. View the official dollar to naira exchange rate and black market exchange rate for dollar to naira. You can exchange yo...

Good year? Five economic hot spots to watch out for in 2022 | Mondial economy

Hayley Mitchell

December 28, 2021

US Dollar News

After the turbulence of the past two years, the consensus among economic experts is that 2022 will be calmer. But at the end of 2019, when the first reports of a new coronavirus began to filter from Wuhan in C...

US Senator to Introduce Comprehensive New Crypto Bill Next Year: Report

Hayley Mitchell

December 26, 2021

US Dollar News

A U.S. senator known for her crypto advocacy is reportedly planning to introduce a bill next year that would revise the way regulators treat digital assets. Republican Senator Cynthia Lummis of Wyoming...

Disappearance of Omicron worries set up actions for weekly gain, rocking the US dollar

Hayley Mitchell

December 24, 2021

US Dollar News

MILAN / HONG KONG (Dec 24): Stock markets in Europe and Asia cemented gains in light holiday trading on Friday, as the safe haven US dollar eased on signs the Omicron variant would do not significantly derail g...

Dollar stabilizes after two days of decline, eyes on high-level US data

Hayley Mitchell

December 22, 2021

US Dollar News

Here's what you need to know on Wednesday, December 22: The greenback struggled to find demand on Tuesday amid a positive trend in risk sentiment. The rise in yields on US Treasuries, how...

Ringgit Opens Lower as US Dollar Continues to Advance | Money

Hayley Mitchell

December 20, 2021

US Dollar News

At 9:20 am, the local score stood at 4.2270 / 2300 against the greenback. - Photo by Hari Anggara KUALA LUMPUR, December 20 - The ringgit opened more weakly against the US dollar, the latter continuing t...

Live news from December 17: Turkey suspends stock operations, France makes vaccination compulsory for restaurants and bars, New York reports record daily increase in Covid cases

Hayley Mitchell

December 17, 2021

US Dollar News

Ireland has imposed new restrictions to curb the spread of the Omicron coronavirus variant, including an 8 p.m. curfew for pubs and restaurants until the end of January and limits on the number of people who ca...

AUD / USD Holds Post-Fed Gains Below 0.7200 On Bullish Australian Jobs Data

Hayley Mitchell

December 16, 2021

US Dollar News

AUD / USD reverses form of weekly pullback after Australian data, maintains Fed-linked rise. Australia The unemployment rate fell, employment trends picked up in November. Lowe of the R...