What Could Happen If the US Fails to Raise the Debt Ceiling? Impact on the economy: Households and businesses that don’t receive federal payments owed to them would likely reduce
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Due to the impasse in the debt ceiling negotiations, the US dollar falls on Monday at the opening of the US session. After trading mostly sideways on Monday with the
Central bank meetings are in focus as the dollar remains mostly unchanged. The EUR/USD currency pair edged higher on Thursday to 1.0956, with German producer prices falling 2.6% on the
The U.S. dollar experiences a decline to a one-year low due to cooled inflation in the U.S.
The USD/CAD pair surpasses the 1.3800 level due to the unchanged BoC policy.
Surprise OPEC+ Cut Prompts Dollar Surge and Reassessment of Fed Plans.
Introduction You may be wondering how the US dollar became the most powerful reserve currency. Here’s a look at some of the factors that have helped make it a global
U.S. DOLLAR INDEX is trading up 0.35% at 114.53 Nervous financial markets propelled the safe-haven dollar to a two-decade peak on Wednesday as rising global interest rates fed recession worries,
U.S. Dollar Indexis trading down 0.22% at 108.10 The U.S. dollar pushed higher in early European trade Friday ahead of Federal Reserve Chair Jerome Powell’s eagerly-awaited speech at the central
Dollar Index is trading up 0.23% at 106.59 The dollar held onto gains against other major currencies on Wednesday, ahead of the release of minutes of the U.S. Federal Reserve’s