The US dollar is on the move. In the last four months alone, it has soared by more than 7% compared with a basket of more than a dozen global currencies, and by even more against the euro and the Japanese yen.
The Australian dollar dipped to a fresh low overnight, breaking through US85� before rebounding, as a wave of technical sell points were triggered following days of continued pressure on the local currency.
Pedestrians with umbrellas walk past an electronic board showing Japan's Nikkei average (top middle L) and the exchange rates between the Japanese yen and the U.S. dollar (top middle R), outside a brokerage in Tokyo November 11, 2014.
The BoJ's move, the end of US quantitative easing and an unexpectedly hawkish Fed statement this week amid rising optimism over the US economy pushed the closely watched DXY dollar index up 1 per cent to 86.99 on Friday. The gauge measures the ...
NEW YORK/LONDON, Nov 25 (Reuters) - Gold edged up slightly to just above $1,200 an ounce on Tuesday as the U.S. dollar eased after data showed a deterioration in consumer confidence, offsetting better-than-expected U.S.
A strengthening U.S. dollar, now near its highest level since 2009, has important implications for investors. A new report released by the Schwab Center for Financial Research, a division of Charles Schwab & Co.