Dollar Soars News Today

It will be a bitter pill for some in the crypto world, but strong regulation of stablecoins is necessary to maintain the dollar's status as the world's reserve currency.

Summary: FX volatility stayed elevated as markets ended the month of May. The US Dollar tumbled against the Canadian Loonie (USD/CAD) to 1.2640 from 1

The Australian Dollar firmed after the much-anticipated Q1 CPI came in way above expectations at 5.1%. Will the RBA be ready for action?

The Singapore Dollar is aiming for its best day against the US Dollar in 5 weeks after the Monetary Authority of Singapore (MAS) tightened policy. USD/SGD is eyeing support next.

Outlook for AUD/USD remains geared towards 0.7800 as RBA prepares markets for higher interest rates.

Dollar Soars vs JPY, CHF; Stocks Rebound as Omicron Fears Ease Summary: A weaker than expected read on the Eurozone Sentix Investor Confidence, a diff

March 4, 2021 Daily FX Market Roundup 03.04.2021 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management The U.S. dollar traded sharply higher against all of the major currencies after Federal Reserve Chairman Powell expressed little to no concern about the recent spike in yields. Ten year Treasury yields climbed 4%, closing in on one year high. Stocks crashed in response with the Dow Jones Industrial Average falling more than -300 points. The spike in yields is bad for stocks...

Daily FX Market Roundup 02.25.2021 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management • Dollar Soars as 10 Year Yields Rise 10% • Stocks Collapse, Driving Risk Currencies Lower • AUD Hit the Hardest by Risk Aversion • Euro the Most Resilient • US Personal Income and Spending Numbers Next The U.S. dollar is reaping the benefits of rising yields. Since the beginning of the year we’ve seen ten year bond yields in the U.S. move from 0.91% to a one year high of 1.56%...