The Latest Breaking News from US Dollar

The Aussie dollar is dropping against the US currency, but it’s not all bad news

A higher US dollar isn't great news for global trade, but some Australian businesses are able to benefit and travellers have reason to smile as well.

ABC News · Oct 4, 2022

Oil Jumps More Than $3 as OPEC+ Weighs Output Cut

Oil prices jumped by more than $3 on Monday as OPEC+ considers reducing output by more than 1 million barrels per day (bpd) to buttress prices with what would be its biggest cut since the start of the COVID-19 pandemic. Brent crude futures rebounded $3.37, or 4%, to $88.51 a…

Asharq Al-Awsat · Oct 3, 2022

Market Wrap: Volatility continues with pound’s flash-crash and a bearish US dollar

Volatility expected to remain heightened (in ‘both directions’) until the Fed manages to get inflation back under control.

The New Daily · Sep 29, 2022

What's happening with the British pound and what does it mean for Australia's economy?

With the UK government fighting off fears of a recession, the British pound tumbled against the US dollar this week. Here's why stock markets are concerned and what it means for Australia.

ABC News · Sep 28, 2022

Gold to see volatility in short term

Gold prices should remain volatile in the short term amid the strengthening US dollar and rising interest rates, but the outlook is positive as investors buy gold to hedge against uncertainties in the global financial market, say the World Gold Council.

Bangkok Post · Sep 28, 2022

Everything you need to know after pound hit all-time low against US dollar

The pound has hit a record low after sweeping tax cuts were announced by the chancellor on Friday. Here we explain some of the reasons behind the fall and how it affects households and businesses across the country

Daily Mirror · Sep 27, 2022

Why is the British pound tanking as the US dollar soars?

Sharp fluctuations of major currencies inject new uncertainty into fraught global economic outlook.

Al Jazeera · Sep 27, 2022

Sterling hits all-time low: two things can turn this around but neither is straightforward

While most people in the UK were still in bed in the early hours of Monday morning, the pound dived. It fell over 4% during Asia trading to reach its lowest ever level against the dollar of US$1.035, while also hitting €1.079 against the euro. This was an exceptional fall,…

The Conversation · Sep 26, 2022

Furious Tory MPs hit out at chancellor after they are invited to a meeting to discuss his budget

‘Chancellors have resigned for less’, says one MP amid turmoil in markets

The Independent UK · Sep 26, 2022

Market Wrap: Turbulence and terror for investors – which key levels will break next?

Markets remain under the clear direction of the US dollar and yields following last week’s hawkish FOMC meeting.

The New Daily · Sep 26, 2022