The dollar strengthened alongside U.S. Treasury yields on Friday, maintaining its position near a 40-year high against the yen. This movement was influenced by a surge in oil prices and the resurgence of a global trade war, which heightened concerns regarding inflation. Sterling languished around a three-week low, trading at $1.3313 in early Asia, following Read More
The dollar enters the latter half of 2026 on a strong note, driven by expectations of rising U.S. interest rates and a relentless demand for U.S. assets from investors pursuing the notion of “American exceptionalism,” which could lead to further challenges for other currencies. It stands out as the top-performing currency at the mid-year mark, Read More
The U.S. dollar continued its ascent, achieving a new 13-month peak against a range of major currencies on Wednesday. This movement was driven by investors seeking refuge from a sell-off in tech stocks while also preparing for anticipated rate hikes by the Federal Reserve. A widespread decline in technology and semiconductor stocks has led to Read More
