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U.S. Dollar Advances As June Rate Cut Hopes Fade After Strong Jobs Data

The U.S. dollar moved higher against its major counterparts in the New York session on Friday, as strong-than-expected jobs data for March dampened hopes of imminent interest rate cuts by the Federal Reserve. ....

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Dollar Rides Wave of US Exceptionalism to Reign Supreme

(Bloomberg) There’s a subtext to this year’s blistering rally in US risk assets: When it comes to the dollar, there is no alternative.Most Read from BloombergA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersThe greenback is just shy of the record it reached during the pandemic and on pace for its be ....

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