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3232Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’
https://www.digit.info/euro-taps-a-0-973-low-against-the-us-dollar-analysts-claim-british-and-eu-currencies-are-trapped-in-a-doom-loop/
Fri, 23 Sep 2022 16:30:59 +0000https://www.digit.info/2022/09/23/euro-taps-a-0-973-low-against-the-us-dollar-analysts-claim-british-and-eu-currencies-are-trapped-in-a-doom-loop/Read more]]>On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]
]]>Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
https://www.digit.info/strong-us-dollar-posts-5-week-high-markets-price-in-a-75-bps-fed-rate-hike-for-june/
Fri, 06 May 2022 16:30:10 +0000https://www.digit.info/2022/05/06/strong-us-dollar-posts-5-week-high-markets-price-in-a-75-bps-fed-rate-hike-for-june/Read more]]>While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point rate hike on Wednesday. Greenback Climbs Higher Amid Economic Uncertainty […]