Indian Rupee Sinks to Record Low Against the U.S. Dollar
U.S. dollar strength has been a major market theme in 2023—a reality that was underscored recently when the Indian rupee set a fresh all-time low against the dollar
U.S. dollar strength has been a major market theme in 2023—a reality that was underscored recently when the Indian rupee set a fresh all-time low against the dollar
Weakness in the Russian economy has spilled over into the ruble, and helped push the ruble to fresh 16-month lows against the dollar.
The post-COVID economic recovery in China weakened in Q2 and a new stimulus package has weighed on the yuan, tilting the USD/CNY exchange rate further in favor of the dollar.
It’s been a big year for the U.S. dollar, and during the last week of September the greenback rallied sharply against the British Pound
Buoyed by rising interest rates, the U.S. dollar continues to strengthen in 2022—most recently notching a 24-year high against the Japanese Yen.
Dollar strength from 2021 has carried over into the new trading year, with the greenback recently marking multiyear highs against other major currencies, such as the Euro and the Japanese Yen.
The euro has been trading sideways against the dollar for nearly a year, but recent moves suggest volatility may once again return to this well-known foreign currency pair.
Whether you’re trading equities, bonds, or commodities (or all three), there’s been a plethora of good opportunities to add currencies to the portfolio during the month of August.. And with volatility spiking in all of those markets, it’s likely traders have added at least a few new short premium positions in the last couple weeks—especially … Continued
On the first day of August 2019, President Donald Trump announced via twitter that his ongoing frustration with the slow pace of trade negotiations with the Chinese had forced him to consider raising tariffs against the world’s second-largest economy, yet again. Set to take effect on Sept. 1, the latest round of tariffs would encompass … Continued