Tag Forex

cash dollars hands money

U.S. Dollar Remains Supposed Safe Haven

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…

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…

collection of banknotes with dollar bill on top

Strong Dollar on the Back of Positive U.S. Economic Data

The U.S. dollar strengthened against a basket of major currencies on Friday (April 1), supported by forecasts that the U.S. Federal Reserve (Fed) will accelerate rate hikes after U.S. employment data in March indicated that the labor market and the…

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