US Dollar Currency Index DXY
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Business
Citi Says Pound Possibly Equivalent to Dollar as UK Risks Currency Crisis
A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange. Michael Nagle…
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Business
From the Fed’s currency crisis to Europe’s currency crisis, here’s what’s behind this sell-off in financial markets
Traders on the NYSE, June 7, 2022. Source: NYSE Stocks fell, bond yields rose and the dollar strengthened on Friday…
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Business
Mass protests in Iran are the regime’s biggest challenge in years
A protester holds a portrait of Mahsa Amini during a demonstration in support of Amini, a young Iranian woman who…
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Business
Liz Truss pursues ‘drip economics’ despite Biden’s disdain
British Prime Minister Liz Truss and US President Joe Biden officially met for the first time at the United Nations…
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Business
Bank of England rises, says UK may already be in recession
The Bank of England raised interest rates by 0.5 percentage points on Thursday. Vuk Valcic | SOPA images | LightRocket…
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Business
Turkey cuts interest rates again despite 80% inflation
Russian tourists to Europe drop significantly during the summer, but increase in a number of other destinations, including Turkey (here).…
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Business
Bank of England faces key policy decision with sterling at multi-decade low
Bank of England Governor Andrew Bailey has reiterated his pledge to contain inflation, but the Bank faces a difficult balancing…
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Business
The upcoming Fed meeting will decide whether stocks can stabilize or fall back to market lows
The Federal Reserve is widely expected to raise interest rates three-quarters more than Wednesday, but that’s what it signals about…
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Business
What’s next for the yen as Japan signals intervention?
After falling sharply against the dollar this year, the yen enjoyed a brief respite on Wednesday due to reports that…
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Business
Forex experts weigh in on whether sterling will bottom out
The British pound has slipped against the US dollar over the past year, hitting a 37-year low against the greenback…
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