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Rising dollar pressures peers
Rising dollar pressures peers as further Fed rate cuts questioned
The U.S. dollar rose on Monday, driving its peers to multi-year lows, after Friday's blowout U.S. jobs report underscored the strength of the economy and muddied the outlook for further Federal Reserve rate cuts this year.
Dollar, U.S. 10-Year Treasury Yields Rise to 2-Year High After Strong Data Dims Rate-Cut Prospects
The dollar hit fresh highs against several currencies and U.S. 10-year borrowing costs increased in tandem, continuing their rise since strong jobs data dampened prospects for Fed rate cuts.
Dollar Rises and Gold Tumbles on Diminished Fed Rate Cut Expectations
Monday rose by +0.23% and posted a new 2-year high. The dollar on Monday had carryover support from last Friday’s stronger-than-expected US Dec payroll report that reduced the chances of Fed rate cuts.
1d
Dollar rises towards highest in over 2 years, euro up, yen falls
The dollar hung near its highest in more than two years on Tuesday as traders scale back U.S. rate cuts in 2025 after strong ...
2d
Stealth Fed Dollar Crisis Predicted To Spark A Bitcoin Price Boom To Rival Gold
Fear that inflation could return in 2025 has raised questions over the possibility of a stagflation scenario—predicted to ...
1h
Dollar index on back foot amid soft US PPI data; All eyes on inflation numbers
The dollar index is trading slightly on the back foot on Wednesday as US PPI data came in softer-than-expected sparking fresh possibility for Fed to cut rates. Data published on Tuesday showed that ...
21h
Dollar strength reminds Wall Street 'US exceptionalism' isn't isolationism
While "U.S. exceptionalism" has undoubtedly helped drive Wall Street's record-busting returns in recent years, it should not ...
1d
Next CPI Inflation Report Could Reduce 2025 Fed Rate Cut Expectations
If year-on-year total and core CPI consumer inflation rates accelerate, financial markets risk turbulence as investors’ 2025 ...
1d
Strong US dollar to test 'recurring phenomenon' this earnings season
"A stronger dollar is likely to add to a recurring phenomenon into earnings season — an increase in dispersion of earnings ...
3h
on MSN
Yen rises on BOJ talk; dollar rally pauses ahead of U.S. inflation test
SINGAPORE--The dollar’s towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched ...
ThePrint
17h
Dollar softens ahead of CPI, tariffs remain in focus
The dollar fell against the euro on Tuesday but was still hovering near its highest level in more than two years as the first ...
2d
on MSN
Strongest US dollar since 2022 bear market: 5 things to know in Bitcoin this week
The Fed also faces a struggle to contain US dollar strength — a crypto headwind now at its highest since late 2022. Binance’s ...
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