The US dollar's rise has largely been driven by two catalysts: Trump's election and the recalibration of future Fed easing.
Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S.
Since the euro came into existence in 1999, the currency has traded at equal value to the US dollar only a handful of times.
The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as ...
President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US ...
The Pound Australian Dollar (GBP/AUD) exchange rate traded mostly flat on Monday following the publication of several PMI releases. The Pound (GBP) managed to tick up against the majority of its ...
At the interbank foreign exchange, the rupee opened at 85.82 and touched the lowest-ever level of 85.89 against the greenback ...
As the global economy faces turbulence, the United States confronts a critical financial challenge: the steady decline in the ...
BRICS unlikely to commit to Trump on common currency, focusing on de-dollarisation and currency cooperation, source says.