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US Dollar Currency Index

Why the USD matters?
Opinion

Why the USD matters?

Whenever I meet clients and investors, the one discussion I always end up having, regardless of market conditions, ...
Updated 18 Jan, 2023 07:34am
Dollar struggles to hold gains after US reports jump in inflation
Markets

Dollar struggles to hold gains after US reports jump in inflation

  • "The dollar is really going to struggle to hold onto gains," said Mazen Issa, senior foreign exchange strategist at TD Securities.
  • "The Fed has made it clear in no uncertain terms that they intend to look through transitory inflation factors and they are not perturbed by these moves," said Issa.
Published 12 May, 2021 07:44pm
Dollar near two-week lows as investors await Fed minutes
Markets

Dollar near two-week lows as investors await Fed minutes

  • The US Dollar Currency Index, which measures the greenback against a basket of six currencies, was 0.101% lower at 92.213.
  • Upbeat European data on Wednesday showing euro zone business activity bounced back to growth last month, also supported the common currency against the greenback.
Published 07 Apr, 2021 08:22pm