A two-month rally in the U.S. dollar accelerated Tuesday, driven by expectations that monetary policy in the U.S. is set to follow a different path than that of other major economies over the coming months.
(Kitco News) - Gold prices are solidly lower and hit a 10-week low in early U.S. trading Tuesday, amid a stronger U.S. dollar index that hit a 13-month high overnight, and on no major geopolitical flare-ups during the long U.S. holiday weekend ...
The euro is on its way to parity with the dollar by the end of 2017, say analysts at Goldman Sachs Group Inc. The currency has dropped 5.75% since hitting a 2014 high in March, closing on Friday at 1.3133.
Foreign exchange analysts at Morgan Stanley and TD Securities and have released their latest forecasts for the Australian dollar (AUD) covering the remainder of 2014 through to early 2015 against the US dollar (USD), euro (EUR) and British Pound (GBP).
The dollar jumped against the euro and yen Wednesday after minutes from the most recent meeting of the Federal Open Market Committee showed the central bank was gradually shifting its stance in a more hawkish direction.