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Currency News

US Dollar Runs into Resistance Ahead of US Inflation (CPI)

09 May 2018 08:30DailyFX
The bullish surge in the US Dollar has finally found some element of resistance around the 93.35 level. Tomorrow brings US CPI for the month of April, and this comes on the heels of what was a really strong inflation report from the month of March ... more

US Dollar Rally Stalls but Uptrend to Remain in Place

09 May 2018 07:45DailyFX
The US Dollar (via the DXY Index) ran up to a fresh four month high earlier today before reversing course at the start of the European trading session. more

Spooked by Argentine peso rout, Hong Kong dollar slips towards weak end of US ...

09 May 2018 06:13South China Morning Post
The Hong Kong dollar fell back towards the weak end of its trading band with the US dollar on Wednesday, because of concerns that a rout in emerging market currencies triggered by the turmoil in Argentina could spread to Asia as well. more

Crude soars, US dollar dips as Trump dumps Iran nuclear deal

09 May 2018 04:17The Globe and Mail
Crude oil prices hit 3-1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, while the dollar touched a new high for the year and world stocks held steady. Trump's move sparked ... more

Rupee opens 29 paise lower at 67.37 against US dollar

08 May 2018 23:07Economic Times
NEW DELHI: The rupee on Wednesday opened 29 paise lower at 67.37 against the US dollar. The domestic unit on Tuesday recovered from 15-month low to close five paise higher at 67.08. more

How much juice is left in the dollar rally?

08 May 2018 12:01MarketWatch
Plenty of emerging economies, such as Turkey and Argentina, rely on dollar funding, and higher interest rates in the U.S. make access to credit more expensive for them. Read: Argentina may be headed for another currency crisis. Also see: Here's why ... more

12 countries you can visit that will accept the US dollar

07 May 2018 14:07Business Insider
travel tourists italy Some countries prefer US currency over their own. Getty Images. When you're visiting another country, you typically need to convert your money into the nation's currency. more

US dollar slides as data shows weakening job creation in America

02 Jun 2017 20:30Irish Independent
The S&P 500 gained 8.98 points, or 0.37pc, to 2,439.04 and the Nasdaq Composite added 52.95 points, or 0.85pc, to 6,299.78. The US dollar fell to seven-month troughs against euro and Swiss franc. Analysts said the less rosy jobs data was unlikely to ... more
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