Fundamentals are strong and the U.S. dollar has helped the Dow Jones Industrial Average and the S&P 500 hit new highs Friday, the CNBC "Fast Money" pros said, but can the stock rally last?
The basic gist is: It's about weakening yen, strengthening data, increasing US yields relative to the rest of the world (which makes the dollar inherently more valuable), weakening euro, and more hawkish tones from Fed folks. Here's the commentary from ...
CANBERRA, May 18 (Xinhua) -- The Australian dollar fell below parity with the U.S. dollar and stayed down during the whole week, which is widely attributed to positive indicators in the U.S.
Harare has been using a basket of foreign currencies, since the formation of a coalition government, with the US Dollar and South African Rand being dominant.
The US dollar on Friday made a notable rebound against major currencies after data showed US consumer confidence improved. US consumer sentiment index in May stood at 83.7, well above the market consensus of 78.0, according to a joint survey ...
Gold Silver GLD IAU SLV Gold dropped in Friday trading as the U.S. dollar resumed its advance and better-than-expected economic reports buoyed investor optimism.
NEW YORK (Reuters) - The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could soon begin to rein in its bond-buying program and after data showed U.S.
The explosive strength of the US Dollar appears to be at a near-term breathing point, with the 5-day rate of change in the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) slowing the past few days from +2.18% on Wednesday to +1.17% today.
The US is bankrupt. Yet Uncle Sam continues to stride the world stage and can simply print more money to get by because the dollar is the world's reserve currency. Remove it as the reserve currency, and the US will no longer be able to remain supreme ...
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