The Dollar Index climbed by 0.14%, closing at 98.99 on Tuesday. This slight increase was fueled by fluctuations in exchange rates across major currencies. Notably, the euro traded […]
U.S. Dollar Index Briefly Dips
The U.S. dollar index experienced a slight downturn on December 2nd, closing at 99.357 in foreign exchange markets. This decline was reflected across several currencies: the euro saw […]
Market Volatility Soars Amidst Economic Uncertainty
The foreign exchange market experienced significant volatility on Friday as stock markets tumbled, leading investors to flock towards safe-haven assets. A report revealing that the UK’s upcoming budget […]
European Officials Explore Alternative Dollar Support Mechanism
European financial stability leaders are contemplating the creation of a separate system for supporting currencies outside the United States. This potential mechanism, aiming to centralize dollar holdings by […]
Dollar Index Soars to Three-Month High
The U.S. Dollar Index (DXY), which tracks the value of the dollar against a basket of currencies, has reached its highest point in three months, reaching 100.174 as […]
US Dollar’s Unwavering Strength Amidst Currency Turmoil
The stability of major fiat currencies offers a barometer for market health, impacting cryptocurrency valuations and investor sentiment. The US dollar is currently exhibiting resilience, surpassing its recent […]
Asia’s FX Market Remains Muted Despite U.S. Dollar Dominance
The Asian foreign exchange market is experiencing a period of quietude, with currencies showing little movement against the surging US dollar. This muted response is largely attributed to […]
U.S. Dollar Index Drops Below 98
The U.S. Dollar Index (DXY) experienced a daily decline, dropping below 98%, registering a 0.30% decrease in value according to BlockBeats.
CFTC Unveils Registration Rules for Foreign Trading Platforms
The U.S. Commodity Futures Trading Commission (CFTC) will soon release guidance regarding registration requirements for foreign trading platforms operating under the Foreign Board of Trade (FBOT) structure. This […]
Morgan Stanley Predicts 9% Drop in USD Value Over the Next Year
Morgan Stanley strategists have issued a warning, predicting a significant weakening of the US dollar in the coming year. Based on converging global economic trends and interest rates, […]
UK Overtakes China as Second-Largest Holder of US Treasurys
The UK has taken the helm, surpassing China as the second largest holder of US Treasury securities, holding a staggering $779.3 billion in assets by March 2025. This […]
U.S. Dollar Index Dips Below 100 for First Time Since July 2023
The U.S. Dollar Index (DXY) has fallen below the 100 mark for the first time since July 2023, dropping by a significant 60 points according to Odaily. This […]