The Magazine for Asian Investors
The U.S. dollar gained against a basket of major currencies on Friday (May 20) as investors bought the greenback as a safe haven amid concerns about the impact of rising inflation. The dollar index, against the six major currencies in…
U.S. stock markets are all down YTD. Gold is also down YTD after the latest downturn. Inflation concerns, recession fears, and most importantly, global equity markets have wiped out $11 trillion in assets over the last 5 weeks. Not an…
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,…
The Dow Jones Industrial Average closed lower as investors fear the Federal Reserve (Fed) will have to raise interest rates again to curb inflation. The Dow Jones Industrial Average closed at 32,899.37 points, down 98.60 points or -0.30%.The S&P 500…
The dollar weakened against a basket of major currencies on Wednesday (May 4) after Federal Reserve Chairman Jerome Powell dismissed the prospect of a sharp 0.75% rate hike, despite concerns about a sharp rise in inflation. The dollar index against…
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…
The U.S. dollar index rose against other major currencies on Tuesday (April 19) as U.S. Treasury note yields climbed to the highest level in more than three years on current expectations that the U.S. Federal Reserve (Fed) will accelerate interest…
The U.S. dollar index appreciated against the basket of major currencies on Monday (April 11), helped by a rise in U.S. Treasury note yields, including predictions that the Federal Reserve (Fed) will accelerate interest rate hikes to curb inflation. The…
The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, rose above 100 for the first time in nearly two years, boosted by expectations that the U.S. Federal Reserve (Fed) will accelerate interest…
The dollar index gained against a basket of major currencies on Thursday (April 7) following expectations that the U.S. Federal Reserve (Fed) will accelerate rate hikes to curb inflation. The dollar index against the six major currencies in a basket…
