Tag: dollar index

The U.S. dollar rose to a two-month high on Wednesday as uncertainty over the stalling U.S. debt ceiling talks sent investors to seek refuge in historically stable investment instruments. The Bloomberg dollar index, which tracks the dollar's performance against a basket of major currencies, rose...

The U.S. dollar remained steady on Monday with the U.S. debt ceiling talks set to recommence later in the day. Conditions also appeared stable on the interest rate front, with Federal Reserve Chair Jerome Powell clarifying that he favors a meeting-by-meeting approach when it...

Data compiled by Bloomberg suggests that the U.S. dollar is set to fall against several major currencies, including the euro, the sterling, and the Swiss franc. This could be a potentially damaging blow to the European Stoxx 600 Index, which relies on the United...

The U.S. dollar edged higher on Friday amid increased optimism over the ongoing debt ceiling talks. Democratic negotiators and Republican House Speaker Kevin McCarthy have both confirmed that they are making steady progress in reaching a deal to raise the U.S. government's $31.4 trillion...

European stocks and U.S. futures wavered on Monday, failing to build on Friday's rebound, as the dollar extended its decline. Investors remain concerned about the stability of the financial sector as well as the Federal Reserve's continued tight monetary policy. In Europe, the Stoxx Europe...

Global stocks remained stagnant on Tuesday morning following an unexpected interest rate hike by Australia's central bank. This shows that central banks across the world continue their fight to suppress inflation after months of tight monetary policy. The Reserve Bank of Australia implemented a 25...