Tag currency

close up photo of monitor

This is How the Markets Closed Last Week

— The Dow Jones Industrial Average closed in the red last Friday. The release of stronger-than-expected U.S. employment data could encourage the Federal Reserve (Fed) to raise interest rates further. The Dow Jones Industrial Average closed at 32,899.70, down 348.58,…

black blue and red graph illustration

Recap of the Market Movements

—– The Dow Jones Industrial Average closed slightly higher after a volatile trading session. But the Dow continued its weekly decline for the eighth week in a row. This is the longest decline since April 1932, during the Great Depression.…

abundance achievement bank banknotes

The Dollar Index Slowed After Hitting a 20-Year High

The dollar index, which measures the dollar’s performance against six major currencies in a basket of currencies, slowed after hitting a 20-year high of 104.92 on Thursday. Yesterday, it rose 0.33% to 104.51. The dollar rose 0.7% to 129.22 yen,…

low angle photo of flag of turkey

Turkish Lira Plunges Amid Worst Inflation in 20 Years

The Turkish lira slid to 15.03 against the dollar on Monday, hitting a record low. Since 2021, the Turkish lira has fallen nearly 60% against the dollar amid the highest inflation in the United States in a long time. Turkey’s…

grey metal case of hundred dollar bills

Dollar Index Rises

The dollar strengthened against a basket of major currencies on Wednesday (April 26) as the Federal Reserve (Fed) is expected to raise interest rates at its meeting next month. Meanwhile, as the euro continued to depreciate, there were fears that…

graphs display on an ipad

This is How the Markets Moved Last Week

—- The Dow on the New York Stock Exchange closed lower under pressure from rising bond yields. Investors remain concerned about inflation and rising interest rates. The Dow Jones Industrial Average closed at 34,451.23, down 113.36, or -0.33%.The S&P 500…

Change Language