Dollar Rises as Government Shutdown Looms
As the USD surges and a government shutdown looms on the horizon, the outlook for the American economy is uncertain.
Tuesday 26 September 2023
US Dollar Index
US Debt Ceiling Crisis Explained
With the US approaching its debt ceiling, investors may be looking for safety in the dollar as the country could fall into default as soon as after the June 1 deadline.
Wednesday 17 May 2023
Markets React to CPI, FOMC Minutes
The U.S. dollar fell 0.6% following Wednesday’s release of the March CPI report and FOMC minutes. The combination of the data led to growing expectations that the Fed could cut rates later in the year.
Thursday 13 April 2023
BRICS Countries Embark On a De-dollarisation Trade
Former Goldman Sachs chief economist, Jim O'Neil, has been calling for countries to challenge the US dollar. Brazil and China agreed to trade in their own currencies in a move seen as a step towards rivaling US global economic dominance.
Monday 03 April 2023
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