EXPLAINED: How the Strong US Dollar Can Affect Everyone
2 years, 3 months ago

EXPLAINED: How the Strong US Dollar Can Affect Everyone

News 18  

The buck isn’t stopping. Here’s a look at what’s driving the U.S. dollar higher and what it can mean for investors and households: WHAT DOES IT MEAN TO SAY THE DOLLAR IS STRONGER? The U.S. Dollar index, which measures the dollar against the euro, yen and other major currencies, has climbed more than 14% this year. Partly because of that less aggressive bent, 10-year bonds across Europe and other areas of the world offer much lower yields than U.S. Treasurys, such as Germany’s 1.75% and Japan’s 0.25%. A STRONG DOLLAR HELPS U.S. U.S. travelers in Tokyo spending 10,000 yen on dinner will be using 23% fewer dollars than a year ago for the same-priced meal.

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History of this topic

Dollar firms as US rates outlook dominates
12 hours, 48 minutes ago

Dollar firms as US rates outlook dominates

Live Mint  

By Rae Wee SINGORE, - The dollar was on the front foot on Tuesday as the prospect of higher-for-longer U.S. interest rates remained top of investors' minds, leaving other currencies struggling near milestone lows. The Bank of Japan last week kept rates on hold and stayed vague on when it could next raise rates, an outcome which was in stark …

Dollar rebounds from inflation data drop, euro dips
1 day ago

Dollar rebounds from inflation data drop, euro dips

Live Mint  

By Chuck Mikolajczak NEW YORK -The dollar rebounded while the euro dipped on Monday, as market moves were being dictated by recent global central bank meetings that set expectations for diverging rate cut paths next year. "The key for the dollar right now is the policy divergence, and Powell going from more worried about unemployment than inflation, and then the …

US dollar, Fed rate cut to drive gold prices in 2025
1 week, 4 days ago

US dollar, Fed rate cut to drive gold prices in 2025

Deccan Chronicle  

Chennai: Gold made 40 new record highs y-t-d in 2024 and gold price has increased by more than 28 per cent, outperforming most of the global asset classes, finds World Gold Council. In 2024, gold reached 40 new record highs y-t-d and total gold demand in the third quarter surpassed US$100 billion for the first time. By appreciating 28 per …

Rupee's slide: What it means for economy, markets, and you
2 weeks, 6 days ago

Rupee's slide: What it means for economy, markets, and you

India Today  

The rupee’s recent tumble to a record low of 84.73 against the US dollar has raised concerns about its impact on the economy and people’s daily lives. Although the rupee has recovered slightly today due to gains in the Chinese yuan, the recent drop reflects a confluence of global and domestic factors, creating ripple effects that extend beyond currency markets. …

Trump vows to defend U.S. dollar hegemony, but is it under threat?
3 weeks ago

Trump vows to defend U.S. dollar hegemony, but is it under threat?

Raw Story  

U.S. President-elect Donald Trump has threatened retaliation against governments that challenge the US dollar, vowing "100 percent tariffs" on countries that undercut the US currency. "The US dollar remains as dominant as ever as a global funding currency, a payment currency for international transactions, and a reserve currency," said Eswar Prasad, a professor of international trade policy at Cornell University …

Euro drops vs strengthening dollar, French politics weigh
3 weeks, 1 day ago

Euro drops vs strengthening dollar, French politics weigh

Live Mint  

* Euro drops as concerns about French politics weigh * Markets still do not price in a government collapse in France * Dollar rises after first weekly fall since September * Yen off highs, ponder chance of BOJ rate hike By Stefano Rebaudo and Wayne Cole Dec 2 - The euro dropped on Monday versus a strengthening U.S. dollar on …

“Find another sucker”: Trump threatens 100% tariff on countries that resist U.S. dollar
3 weeks, 1 day ago

“Find another sucker”: Trump threatens 100% tariff on countries that resist U.S. dollar

Salon  

President-elect Donald Trump's tariff threats continued on Saturday with a pledge to enact 100% tariffs on a bloc of nine countries if they shift away from the U.S. dollar in international trade. “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar,” Trump …

Yen Strengthens on Dollar as US Bond Yields Fall: Markets Wrap
3 weeks, 5 days ago

Yen Strengthens on Dollar as US Bond Yields Fall: Markets Wrap

Live Mint  

A stronger yen weakened Japanese equity futures Thursday after a rally in Treasuries weighed on yields and the dollar. The S&P 500 fell 0.4% after touching a record high in the prior session, while the Nasdaq 100 dropped 0.9% as tech stocks weighed on the US market. Shares in Microsoft Corp. fell after the US Federal Trade Commission opened an …

Dollar eyes weekly gain on slower Fed easing, inflation outlook
1 month, 1 week ago

Dollar eyes weekly gain on slower Fed easing, inflation outlook

Live Mint  

By Rae Wee SINGORE - The dollar was headed for its best week in more than a month on Friday, buoyed by expectations of fewer Federal Reserve rate cuts and the view that Donald Trump's policies could further stoke inflation when he assumes office in January. "Markets just took comments at face value and therefore scaled back expectations for the …

Dollar eyes weekly gain on slower Fed easing, inflation outlook
Trending News
1 month, 1 week ago

Dollar eyes weekly gain on slower Fed easing, inflation outlook

Live Mint  

By Rae Wee SINGORE, - The dollar was headed for its best week in more than a month on Friday, buoyed by expectations of fewer Federal Reserve rate cuts and the view that Donald Trump's policies could further stoke inflation when he assumes office in January. "Markets just took comments at face value and therefore scaled back expectations for the …

Oil Steadies With Surging Dollar and Chinese Demand to the Fore
1 month, 1 week ago

Oil Steadies With Surging Dollar and Chinese Demand to the Fore

Live Mint  

-- Oil steadied — after touching the lowest this month on Wednesday — as a surging US dollar weighed on commodities, and concerns about demand growth clouded the outlook for prices. China’s weakening profile in the global oil market was highlighted midweek, with the US Energy Information Administration saying India was now the leading source of demand growth in Asia …

US Dollar hits one-year high amid Donald Trump's economic policies
1 month, 1 week ago

US Dollar hits one-year high amid Donald Trump's economic policies

Hindustan Times  

The U.S. dollar revisited a one-year high against major peers on Thursday, as a fourth straight winning session from momentum sparked by Donald Trump's election victory eclipsed a rise in bets for Federal Reserve easing. On Thursday, the U.S. dollar hit a one-year high as Trump's election momentum continued, while bitcoin soared to a record $93,480. Elsewhere, the Australian dollar …

Dollar retains strength against peers on Trump trade
1 month, 1 week ago

Dollar retains strength against peers on Trump trade

Live Mint  

By Chibuike Oguh and Alun John NEW YORK - The U.S. dollar strengthened against major peers on Thursday, trading at a one-year high and headed for a fifth straight session of gains, propelled by market expectations since Donald Trump clinched a dramatic return to the White House. The number of Americans filing new applications for unemployment benefits fell last week, …

Dollar hits one-year high on Trump trades
Trending News
1 month, 1 week ago

Dollar hits one-year high on Trump trades

Live Mint  

* Bitcoin surges to new all-time peak * Yen drops below 155 per dollar * Euro falls to one-year low * Dollar index hits highest since November 2023 By Chibuike Oguh NEW YORK, - The U.S. dollar advanced to one-year high against major currencies on Wednesday powered by so-called Trump trades and after U.S. inflation for October came in as …

US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy
1 month, 1 week ago

US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy

Live Mint  

The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve would keep cutting rates, reported the news agency Reuters. The US dollar rose to its highest level since April 16, fueled by …

Dollar Gains Before US CPI as Rate Bets Are Pared: Markets Wrap
1 month, 1 week ago

Dollar Gains Before US CPI as Rate Bets Are Pared: Markets Wrap

Live Mint  

The dollar climbed for a fourth day and Asian stocks fell ahead of key inflation data that may further sap confidence in the pace of Federal Reserve interest-rate cuts. In addition, market watchers expect US president-elect Donald Trump’s proposed tax and tariff policies to further drive up inflation, with his key picks for administration posts signaling a tough stance against …

US dollar and bitcoin advance spurred by Trump tariff expectations
1 month, 1 week ago

US dollar and bitcoin advance spurred by Trump tariff expectations

Live Mint  

* Dollar index rises to 6-1/2-month high * Bitcoin hits record high on Trump tariff promise * Euro sinks to lowest since November 2023 By Chibuike Oguh and Harry Robertson NEW YORK/LONDON, - The U.S. dollar rose to a 6-1/2-month high against major peers on Tuesday, while bitcoin pared gains after earlier hitting a record high amid expectations of inflationary …

US dollar and bitcoin advance spurred by Trump tariff expectations
1 month, 1 week ago

US dollar and bitcoin advance spurred by Trump tariff expectations

Live Mint  

By Chibuike Oguh and Harry Robertson NEW YORK/LONDON -The U.S. dollar rose to a 6-1/2-month high against major peers on Tuesday, while bitcoin pared gains after earlier hitting a record high amid expectations of inflationary import tariffs from Republican President-elect Donald Trump Bitcoin gained 1.88% to $89,683.00, slightly below a new all-time peak of $89,982. "It's still an extension of …

Dollar Rises to Yearly High as Trump’s White House Win Keeps Powering Gains
1 month, 1 week ago

Dollar Rises to Yearly High as Trump’s White House Win Keeps Powering Gains

Live Mint  

The dollar rose Monday, touching its highest level in a year as the US currency added to advances fueled by Donald Trump’s win in the presidential race. The Bloomberg Dollar Spot Index rose as much as 0.7% Monday to the highest level since November 2023, with traders betting that Trump’s trade policies will boost the greenback and weigh on major …

America’s strengthening dollar will rattle the rest of the world
1 month, 1 week ago

America’s strengthening dollar will rattle the rest of the world

Live Mint  

In 1971 John Connally, then the American treasury secretary, told his European counterparts that the dollar was “our currency, but your problem". Over the following half-century the global economy has transformed, but Connally’s adage still rings true: even though the value of the dollar remains largely set by domestic developments in America, its swings almost always send ripples across the …

Dollar on track for weekly gain after Trump election win
1 month, 2 weeks ago

Dollar on track for weekly gain after Trump election win

Live Mint  

* US currency may consolidate on uncertainty over Trump policies * Japanese yen suffers from widening interest rate differential By Karen Brettell and Stefano Rebaudo Nov 8 - The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of Republican Donald Trump as U.S. president. …

Dollar on track for weekly gain after Trump election win
1 month, 2 weeks ago

Dollar on track for weekly gain after Trump election win

Live Mint  

By Karen Brettell and Stefano Rebaudo -The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of Republican Donald Trump as U.S. president. “We don't really know how much was campaign rhetoric, how much is a negotiating position, how much of it is speaking principle,” …

Rupee slides, still better than other currencies: Is India, China growth threatening dollar?
1 month, 2 weeks ago

Rupee slides, still better than other currencies: Is India, China growth threatening dollar?

India Today  

The Indian rupee is down, but so are other major currencies against the US dollar. Despite its downward trajectory, however, the rupee is still well-placed against major currencies such as the Brazilian real, the Russian ruble, the Japanese yen, and the Canadian dollar. The Indian rupee has slid by 1.1 per cent against the dollar since January 1. In contrast, …

Why Donald Trump victory caused stock markets to boom but currencies to fall
Trending News
1 month, 2 weeks ago

Why Donald Trump victory caused stock markets to boom but currencies to fall

Firstpost  

In America, both the Dow and S&P 500 scaled new heights, while Singapore’s Straits Times, Hong Kong’s Hang Seng, Taiwan’s Taiwan Weighted, Thailand’s SET Composite and China’s Shanghai Composite also witnessed a spike. However, a number of currencies including the Indian rupee, Singapore’s dollar, Thailand’s baht, and Mexico’s peso slumped in the aftermath of Trump’s win. “The ‘Trump trade,’ which …

Why inflation could rise and interest rates remain elevated under a Trump presidency
1 month, 2 weeks ago

Why inflation could rise and interest rates remain elevated under a Trump presidency

CNN  

London CNN — Inflation is likely to rise in the United States and around the world if newly elected US President Donald Trump follows through on his campaign promises to cut taxes, crack down on immigration and hike tariffs on all imported goods. Trump’s proposed economic policies — including deporting immigrants, across-the-board tariffs and increased political influence on the Fed …

Dollar dips as US voters head to polls
1 month, 2 weeks ago

Dollar dips as US voters head to polls

Live Mint  

By Karen Brettell and Amanda Cooper -The U.S. dollar fell as U.S. voters headed to the polls on Tuesday, with the results of the elections likely to decide at least the near-term fate of the greenback. my sense is that people are cautious," said Steve Englander, head of global G10 FX research and North America macro strategy at Standard Chartered …

Dollar rises after August U.S. payrolls report paints mixed picture
3 months, 2 weeks ago

Dollar rises after August U.S. payrolls report paints mixed picture

The Hindu  

The dollar rose in volatile trading on Friday after data showed U.S. employment grew less than expected in August, but indicated only a steady slowdown in the labour market, likely supporting gradual interest rate cuts by the Federal Reserve. "A half-point rate cut at the central bank’s September meeting remains unlikely, but today’s release provided clear evidence of a sharp …

Demise of dollar's FX reserve omnipotence greatly exaggerated: McGeever
6 months, 2 weeks ago

Demise of dollar's FX reserve omnipotence greatly exaggerated: McGeever

Hindustan Times  

By Jamie McGeever Demise of dollar's FX reserve omnipotence greatly exaggerated: McGeever ORLANDO, Florida, - After two decades of the dollar's share of global foreign exchange reserves gradually eroding to less than 60%, economic, financial and geopolitical stars are aligning to halt that trend in the next few years and possibly even reverse it. But according to the OMFIF's 'Global …

Why is Japan’s yen falling and why is it so weak against the US dollar?
7 months, 3 weeks ago

Why is Japan’s yen falling and why is it so weak against the US dollar?

Al Jazeera  

The weakness of the Japanese currency is back in the spotlight after sinking to its lowest level since April 1990. The yen recovered to 155.01 per dollar later in the day, prompting speculation that Japanese authorities had intervened to prop up the value of the currency. “Also, market expectations rapidly changed on the Fed’s monetary policy.” The gap in interest …

The real reason behind fluctuations in global foreign exchange market
8 months ago

The real reason behind fluctuations in global foreign exchange market

China Daily  

In recent days, the currencies of emerging market countries have caught everyone's attention because of a weak streak, with the Indonesian rupiah falling to a four-year low, the Malaysian ringgit tumbling to its lowest exchange rate since 1998, and the Indian rupee dropping to a record low. According to the IMF, if the US Federal Reserve keeps its benchmark interest …

US dollar to keep falling against G10 currencies
11 months, 3 weeks ago

US dollar to keep falling against G10 currencies

Live Mint  

NEW YORK, Dec 29 - The Federal Reserve's dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024, though strength in the U.S. economy could limit the greenback’s decline. The Fed’s aggressive monetary policy tightening, along with post-pandemic policies to boost U.S. growth, "fueled the notion of American exceptionalism and delivered the most powerful …

Stock markets jump in early trade after two days of fall, Rupee rises against dollar
1 year, 1 month ago

Stock markets jump in early trade after two days of fall, Rupee rises against dollar

India TV News  

Stock Markets: After two days of decline, Equity benchmark indices rebounded nearly 1 per cent in early trade on Thursday following a rally in global markets amid the US Fed keeping rates unchanged. The Fed chief Jerome Powell’s comment that "despite elevated inflation, the longer-term inflation expectations remain well anchored" was taken by the market as a slightly dovish statement. …

Dollar’s Resurgence Is a Headache for the Rest of the World
1 year, 2 months ago

Dollar’s Resurgence Is a Headache for the Rest of the World

Live Mint  

The dollar bounced back with a vengeance in the third quarter, threatening global central bankers’ tricky task of bringing down inflation while protecting fragile economic growth. “The markets have consistently tried to price in rosy scenarios which were associated with a weaker dollar and they continue to be surprised that the reality isn’t quite as rosy,” said Maurice Obstfeld, former …

Markets climb in early trade on firm global trends; Rupee rises against dollar
1 year, 5 months ago

Markets climb in early trade on firm global trends; Rupee rises against dollar

India TV News  

Stock markets: Equity benchmark indices rallied in early trade on Tuesday tracking a positive trend in the global markets and unabated foreign fund inflows. "Overnight rally in the US markets and early gains in Asian gauges could fuel optimism in local shares, as investors are likely to follow suit and maintain the buying momentum. Rupee rises 21 paise against dollar …

The U.S. dollar conquered the world. Is it at risk of losing its top spot?
1 year, 6 months ago

The U.S. dollar conquered the world. Is it at risk of losing its top spot?

NPR  

The U.S. dollar conquered the world. Economists call it the "global reserve currency," a fancy title the dollar got about 80 years ago that has brought some pretty serious perks to the U.S. economy. The Bretton Woods gathering in 1944 cemented the U.S. dollar in as the world's reserve currency, replacing the British Pound Sterling YouTube So the British pushed …

De-Dollarisation Trend: Why It Matters And What Investors Should Know?
1 year, 7 months ago

De-Dollarisation Trend: Why It Matters And What Investors Should Know?

News 18  

Argentina on Wednesday April 26, announced that it will pay in yuan for Chinese imports instead of the US dollar. As the world debates the merits and demerits of de-dollarisation, let us look at what the term means, and its possible impacts on the world economy. De-dollarisation basically means reducing the dependence on the US dollar as a medium of …

Dollar fast losing dominance as global reserve currency as rupee, yuan rise
1 year, 8 months ago

Dollar fast losing dominance as global reserve currency as rupee, yuan rise

Firstpost  

Dollar’s share of global reserves has declined by 11 per cent since 2016 on this adjusted basis, a report by Eurizon SLJ Asset Management said New Delhi: Dollar, which has been ruling as the global reserve currency, is gradually losing its dominance especially after the onset of the Russia-Ukraine war last year. The US currency saw a massive decline of …

Indranil Banerjie | Dollar’s rise sets off crisis of collapsing currencies
2 years, 1 month ago

Indranil Banerjie | Dollar’s rise sets off crisis of collapsing currencies

Deccan Chronicle  

A currency storm is wreaking havoc across the globe. Even the mighty Chinese currency has been battered, falling 15 per cent this year to 7.25 yuan per US dollar by end October, which is its lowest rate since January 2008, the time of the global financial crisis. Virtually all Asian currencies have been hit: India by 10.9 per cent, Bangladesh …

‘Bad situation’: Soaring US dollar spreads pain worldwide
2 years, 2 months ago

‘Bad situation’: Soaring US dollar spreads pain worldwide

Associated Press  

The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money. “A strong dollar makes a bad situation worse in the rest of the world,’’ says Eswar Prasad, a professor …

‘Bad situation’: Soaring U.S. dollar spreads pain worldwide
2 years, 2 months ago

‘Bad situation’: Soaring U.S. dollar spreads pain worldwide

LA Times  

Workers wait for customers outside a car parts shop in Kenya’s capital, Nairobi, Kenya. “A strong dollar makes a bad situation worse in the rest of the world,’’ says Eswar Prasad, a professor of trade policy at Cornell University. The pound recently flirted with dollar parity after Britain’s new prime minister, Liz Truss, announced huge tax cuts that roiled financial …

Pound to dollar: Why is sterling so weak?
2 years, 2 months ago

Pound to dollar: Why is sterling so weak?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery ‘Sterling looks like an emerging …

The Aussie dollar is dropping against the US currency, but it’s not all bad news
2 years, 2 months ago

The Aussie dollar is dropping against the US currency, but it’s not all bad news

ABC  

Paul O'Brien's costs are rising and it's not just supply chain issues, shipping delays and increasing inflation that we're all becoming accustomed to that is the cause. "It's been a case of all systems go for the US dollar," said Westpac's head of a foreign exchange strategy, Richard Franulovich. "The US dollar has been strong across the board this year …

EXPLAINER: How the strong U.S. dollar can affect everyone
2 years, 3 months ago

EXPLAINER: How the strong U.S. dollar can affect everyone

Associated Press  

NEW YORK — The buck isn’t stopping. Here’s a look at what’s driving the U.S. dollar higher and what it can mean for investors and households: WHAT DOES IT MEAN TO SAY THE DOLLAR IS STRONGER? That’s about 30% more and one of the biggest moves the U.S. dollar has made against another currency. The U.S. Dollar index, which measures …

Dollar’s rise spells trouble for global economies
2 years, 3 months ago

Dollar’s rise spells trouble for global economies

Live Mint  

The U.S. dollar is experiencing a once-in-a-generation rally. “It’s not going to be contained.” A stronger dollar makes the debts that emerging-market governments and companies have taken out in U.S. dollars more expensive to pay back. “Whether the ECB turns more hawkish, whether there’s some improvement on the economic outlook, whatever happens, it’s generally offset by further dollar strength,” he …

What a strong dollar means for the rest of the world
2 years, 5 months ago

What a strong dollar means for the rest of the world

Live Mint  

The U.S. dollar is stronger than it has been in decades and the effects of its rapid rise are reverberating across the globe. While currencies in emerging markets typically feel pressure when investors flock to a strong dollar, those of developed countries also have fallen. Outflows excluding China have been on par with previous macroeconomic shocks, according to IIF chief …

Explained | What will be the impact of euro-dollar parity?
2 years, 5 months ago

Explained | What will be the impact of euro-dollar parity?

The Hindu  

The story so far: The euro and the U.S. dollar reached parity on Tuesday, meaning one dollar could buy one euro in the foreign exchange market. Analysts believe that the divergence in the monetary policies of the U.S. Federal Reserve and the European Central Bank is the primary reason behind the euro’s significant depreciation against the U.S. dollar. The U.S. …

The euro and the US dollar are at parity for first time in 20 years
2 years, 5 months ago

The euro and the US dollar are at parity for first time in 20 years

CNN  

New York CNN Business — For the first time in 20 years, the exchange rate between the euro and the US dollar has reached parity – meaning the two currencies are worth the same. “Given the nature of Germany’s exports which are commodity-price sensitive, it remains hard to imagine that the trade balance could improve significantly from here in the …

With US dollar nearly equal to euro, impact is being felt
2 years, 5 months ago

With US dollar nearly equal to euro, impact is being felt

Associated Press  

WASHINGTON — The U.S. dollar has been surging so much that it’s nearly equal in value to the euro for the first time in 20 years. Also contributing to the currency’s appeal, notes Rubeela Farooqi of High Frequency Economics, is that despite concern about a potential recession in the United States, “the U.S. economy is on firmer footing compared to …

India’s currency could keep falling without failing us
2 years, 5 months ago

India’s currency could keep falling without failing us

Live Mint  

The Indian rupee has historically weakened against the US dollar, but bouts of volatility never fail to set alarm bells ringing. A ‘shock’ could take the form of sharp interest rate increases by systemically important central banks, such as the US Federal Reserve, geopolitical developments, oil price volatility, or a financial crisis—all of which create a risk-off scenario, leading to …

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