The narrowing interest-rate differential between the U.S. and Australia would make carry-trade strategies with the Australian dollar less attractive. In a carry trade, investors borrow a low-yielding currency like the dollar, sell it and then use the ...
A resurgent dollar is bolstering global demand for U.S. stocks and bonds as investors flock to a recovering American economy. The dollar has logged its longest winning streak in more than 17 years, rising against a broad basket of currencies for nine ...
You go, greenback! The U.S. dollar is mightier than it has been in more than a year. That may be great news for consumers. But if dead presidents keep gaining strength, that might be bad news for big companies and the stock market.
The Indian Rupee (INR) looks set to weaken to its lowest level in seven-weeks against the US Dollar (USD), is weaker against the Pound (GBP) and is softer against other major peers as it struggles under the strengthening US currency.
One reason the price of unleaded gasoline has been falling is because the US dollar has been getting stronger. The dollar has been rising for 11 straight weeks, and that's the longest win streak for the dollar in over 15 years.
A recent spike in the U.S. dollar is unlikely to put sufficient downward pressure on import prices to have a significant negative effect on inflation, according to researchers at the Federal Reserve Bank of Cleveland.
US DOLLAR TECHNICAL ANALYSIS - Prices put in a Shooting Star candlestick, hinting a pullback may in the cards. Near-term support is at 10990, marked by the intersection of the 14.6% Fibonacci expansion and a rising trend line.