The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies. Read More
US Dollar (Currency)
Trending topics and news from the US Dollar (Currency) category
Back to news homeGlobal Fallout From Rate Moves Won’t Stop the Fed
The Federal Reserve, like many central banks, sets policy with an eye on the domestic economy. Its battle to control prices is causing pain abroad. Read More
Businesses Brace for Currency Chaos in Asia
Tigun Wibisana and Sandra Kok, who own a cafe in Malaysia, are facing an excruciating decision that could make or break their business of 14 years: Can they increase prices […]
Why the British Pound Continues to Sink
Over the centuries, British leaders have often gone to extraordinary lengths to protect the pound’s value, viewing its strength as a sign of the country’s economic power and influence. King […]
Markets Wobble as Britain Gets a New Prime Minister and Energy Worries Grow
If financial markets are sending a message to Britain’s new prime minister, Liz Truss, it’s one of concern.Ms. Truss, who was named on Monday as the choice of Conservative Party […]
Euro Hits Parity With U.S. Dollar for First Time in 20 Years
Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia and a growing risk of recession, the pressures bearing down on the […]
Weakened Euro May Become Equal to the U.S. Dollar
The list of ailments troubling the eurozone economy was already stark: the highest inflation rate on record, energy insecurity and increasing whispers about a recession. This month, another threat emerged. […]
How the Dollar Is Beating Stocks and Bonds and Hurting Big Companies
These are rocky times for most investments. But it has been a wonderful stretch for the dollar.You may not have noticed if you haven’t traveled abroad and exchanged dollars for […]
Banks Tried to Kill Crypto and Failed. Now They’re Embracing It (Slowly).
Just as it does for stock and bond prices, Goldman recently began posting digital asset prices on its Marquee platform for big clients like hedge funds, preparing for a time […]
China Moves to Tame Inflation Before Prices Rise Too Much
SHANGHAI — Prices are jumping in the United States and around the world, prompting growing warnings that a wave of inflation could threaten the global economy if it persists.China isn’t […]