The dollar fell against a basket of currencies and is likely to weaken further given concerns about U.S. policy credibility and the risk of more aggressive Fed rate cuts, Candriam said.
The dollar index (DXY00) Tuesday rose by +0.47% and posted a 4-1/4 month high. Higher T-note yields Tuesday strengthened the dollar’s interest rate differentials and boosted the dollar. Comments ...
The dollar index (DXY00) today recovered from a 1.5-month low and is up by +0.08%. Higher T-note yields today strengthened the dollar's interest rate differentials and sparked short covering in the ...
Netflix, Pepsi raised FY guidance, citing weaker dollar BlackRock saw positive impact of softer dollar on AUM Investors cautious about FX-driven earnings beats July 22 (Reuters) - A slump in the ...
The DXY dollar index was lower, and BofA said the currency looked set to depreciate against this year as lower U.S. rates make it cheaper to take protection against the risk of the currency weakening.
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