dollar

The euro recovered partially against the dollar on Wednesday morning in Asia trading, after falling over 1% overnight on the back of surging energy prices due to Russia’s gas supply cut and ahead of a key U.S. interest-rate decision. The greenback also held firm ahead of the U....

Hong Kong’s finance chief has asserted the city will "absolutely not" decouple its currency from the dollar despite fund outflows and tensions surrounding Sino-U.S. ties. The peg with the dollar is aligned with national strategies and it cements the city's position as...

The U.S. dollar traded strongly on Monday morning, gaining against most peers ahead of a potential 75 basis points rate hike by the U.S. Federal Reserve later this week. The U.S. dollar index, which measures the greenback’s strength against a basket of currencies, traded close to...

Bitcoin (CRYPTO: BTC) will likely hold its place as the leading store of value in the cryptocurrency space, but Ethereum (CRYPTO: ETH) will face brutal competition, billionaire investor Stanley Druckenmiller said Tuesday on CNBC's "Squawk Box." Current Federal Reserve ...

A number of underlying forces drive currency moves. The U.S. government has accused China of gaining an unfair economic advantage by forcing the yuan lower. In the U.K., the drop in the sterling over the past month is also viewed by many as an economic headwind. The main beneficiaries of a weaker...

A major part of China’s response to the latest tariff threats by President Donald Trump was to reduce the value of its currency to its lowest level relative to the dollar of the past decade. Trump fired back by having the Treasury Department officially name China a “currency manipulator...

Among the hundreds of economic, political or climatological factors weighing on a given commodity market, the single most pervasive and broadly influential signal in futures trading is the relative strength or weakness of the U.S. dollar. The reason for this is simple: the dollar is the primary...

Various data points suggest that some sectors and market capitalization spectrums are more sensitive to a stronger dollar than others. Recent performance confirms the notion that small-caps are better bets during strong dollar environments than large-caps. For the 90-day period ended May 31, the...

Money isn't everything — but it's something we can't do without. Has money existed in today's paper currency form since it came into use? No. It has gone through a long evolution since its inception. Before money came into existence, as early as 6000 B.C., Mesopotamian tribes...

Greif, Inc. (NYSE: GEF) faces a downside risk to targets if the U.S. dollar continues to strengthen. The dollar gained 0.59 percent against the euro to 1.1087. However, the pound gained for the first time since the U.K.'s vote to leave the European Union and rose 0.92 percent against the dollar to...

June 6–7, U.S. and Chinese officials will be sitting down to discuss monetary policy, and the stakes for both nations have never been higher. Last August’s U.S. market selloff and much of the volatility since has been directly tied to worries about the health of the Chinese economy. But...

The U.S. dollar is under attack, at least according to Dennis Gartman. In his most recent Gartman Letter, he noted the dollar’s weakness across the board in the last 24 hours is a rare occurrence. “Normally we shall see one or perhaps two currencies that are higher over the course...

U.S. firms from almost every industry have complained that the stronger dollar is negatively impacting their bottom line. With the greenback on the rise against international currencies like the euro, the yuan and the yen, U.S.-made goods are becoming less and less competitive in the global...