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.
There is growing alarm, especially in the developing world, over what impact a surging US dollar may have. Many economists and analysts note there is a strong chance of destabilising capital flows and extreme financial market volatility.
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.
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.