The Latest Breaking News from US Dollar

In the days after Russia invaded Ukraine in February 2022 and the west imposed sanctions, the rouble collapsed. The number of roubles to one US dollar quickly fell from about 78 to 138 – a huge move in the world of forex (foreign exchange), and terrifying for those with their…

The US dollar is up 12% against the euro over the past year and, at €0.93 (34.22 baht), is approaching parity. If prices of oil and other commodities now seem high in dollar terms, they look even higher in euros. With the greenback surging, and inflation in many countries currently…

The Euro has shown plenty of weakness against the US dollar since the beginning of the year. The last significant strength it showed was in the last week of January. Since then, it aggressively shot for its pre-pandemic prices in early 2020. The next low it’s looking for is perhaps from…

With the uncertainty of a hung parliament removed, the Australian market stands a good chance of a relief rally as money managers put cash to work.

Industry leaders have urged the government to carefully manage the baht to keep its value at a rate that will benefit both importers and exporters.

GBP/USD look headed for its first weekly gain in four weeks moving into late Thursday trading. At the time of writing, the pair was trading up by 2.03% at 1.25089, supported by a broadly weaker US dollar. But a stronger pound this week didn’t relate to any major positive news…

The dirham has depreciated by 0.61% against the euro and 0.40% against the US dollar during the period from May 5 to 11, Bank Al-Maghrib (BAM) revealed on Sunday. During this period, no auctions were held in the foreign exchange market, BAM affirmed in its weekly bulletin. It pointed out…

The devastating effects of the crash of crypto "stablecoins" Terra and Luna are being felt by many but their crash may have been orchestrated in one massive piece of ethically questionable trading.

The Bank of Thailand (BoT) on Thursday said the movement of the baht has had limited impact on inflation and the economy, after the currency reached its weakest rate against the US dollar for five years on Thursday.

Those who awaited US April CPI data hoping for a summary execution of the inflation narrative walked away from Wednesday’s release disappointed. But the reality is that inflation, although falling, is not doing so quite at the rate most were expecting. For the time being, traders will need to balance…

EQ Bank, powered by Equitable Bank, Canada's Challenger Bank, increased its USD account interest rate by 25 bps to 1.25%. The new rate is now in effect. Equitable Bank is a subsidiary of Equitable Group Inc. (TSX:EQB) (OTC:EQGPF). "When we launched US dollar accounts, we wanted to give our customers a far better alternative…