United States Dollar Index stays near its 13-month peak.
US Dollar Index Stabilizes Amid Economic Forecasts The U.S. Dollar Index (DXY), which assesses the dollar’s value against six key currencies, has stabilized around 101.00 during Asian trading on Tuesday, following some modest gains the day before. With a hawkish sentiment regarding the U.S. Federal Reserve’s policy outlook, the index is lingering near the 13-month […]
July ends 13-month streak of global heat records, but experts warn against relief | Extreme heat
The European meteorological agency Copernicus said on Wednesday that a 13-month streak of new records for global average temperatures came to an end in July this year as the natural El Niño weather pattern weakened. But average temperatures in July 2024 will be just slightly warmer than last July, and scientists said the end of […]