Dollar reaches a 15-week peak against yen as consumer prices rise.
Market Update on US Consumer Prices and Currency Movements The dollar reached a 15-week high against the Japanese yen on Tuesday following the release of US data that indicated an increase in consumer prices for June. However, the rise wasn’t as significant as what some had anticipated regarding potential interest rate cuts by the Federal […]
US Dollar Index remains stable above 98.00 as geopolitical tensions rise, CPI data expected
The US dollar index may rise owing to greater interest in safe haven assets. Trump has issued a warning to Russia about imposing “very strict” tariffs if a peace deal isn’t reached in the next 50 days. Trump announced that European partners will start purchasing American weapons for Ukraine to counter Russia’s aggression. The US […]
Dollar stays close to a three-week peak ahead of CPI data; Bitcoin remains above $120,000
Market Update: Dollar and Cryptocurrencies TOKYO – The US dollar lingered near three-week highs as traders anticipated the release of inflation data later in the day, which could offer insights into future monetary policy. The US currency also found support from rising Treasury yields amidst President Trump’s ongoing criticisms of the Federal Reserve’s chairman. There’s […]
US Dollar remains steady amidst trade conflicts and heightened Fed examination
The US dollar is recovering after experiencing a dip earlier, buoyed by market hesitance and escalating trade tensions. President Trump has threatened the European Union and Mexico with 30% tariffs as part of his ongoing trade pressure efforts. The DXY, or US dollar index, is showing strength, though it faces challenges in breaking past critical […]
US Dollar falters due to Trump’s tariff threats and pressure from the Federal Reserve
The US dollar index stalls as markets cultivate Trump’s tariff threat and independence. The US dollar depends on the release of bank revenues and US economic data on Tuesday. DXY’s price action remains under pressure at 98.00 with increased psychological resistance. The US Dollar Index (DXY), which tracks the value of the US Dollar (USD) […]
HSBC Warns That Dollar Selling Is Turning into a Bubble That Could Burst
HSBC Analysts Signal Potential Dollar Bubble HSBC Holdings PLC strategists are beginning to view persistent dollar sales as indicative of a bubble, as noted in their recent research. Traders seem to be anticipating a significant decrease in the dollar’s value this year, which has influenced their projections for future performances, according to HSBC strategist Paul […]
Trump and His Tariffs on the Dollar
Recently, the US President sent additional letters to various trading partners, including the EU. These letters indicate that imports from the EU will incur a 30% tariff starting August 1st, which is noticeably higher than what was initially announced. Last week’s market reaction seemed somewhat relaxed about this, similar to past instances of proposed tariffs […]
Dollar value drops by Tk2.9 in a week as demand decreases
Banks offer a fee as low as TK120 for Thursday’s remittance dollars July 13th, 2025, 12:30am Last revised: July 13th, 2025, 1:19pm Infographic: TBS The US dollar has seen a notable decline against the taka over the past week, dropping around TK2.90. This fall, combined with strong remittance inflows and export activity, suggests a decreased […]
Increased rupees and pesos for your dirham? The rise of the US dollar brings good news for expats in the UAE.
UAE Foreigners Benefit from Strong Dollar Dubai: This week, expatriates in the UAE are seeing positive shifts in their money transfers home, as the Dirham gains value amid a significant rise in the US dollar, which has marked its best weekly performance since February. This uptick follows President Trump’s latest tariff threats, which have reignited […]
Declining dollar impacts vacation budgets even with summer flight discounts
Impact of the US Dollar’s Decline on Travel Budgets This year, with the US dollar losing value, American travelers might find international trips costlier than they have in previous years, which could challenge their vacation budgets. According to the Wall Street Journal’s US Dollar Index (DXY), the dollar has dropped about 10% so far in […]