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Trade is likely to be thinned this week by Thanksgiving in the United States, but the virus’ resurgence has traders once again monitoring COVID-19 cases and governments’ responses. USDIndex at 16-month highs above 96.00. Yields: 10-year Treasury rate is up 1.4 bp at 1.57%, while across the Asia Paci

The Dollar rallied broadly in N.Y. on Monday, taking the DXY to two-plus month highs of 92.44, up from overnight lows of 92.00. USD short-covering appeared to be the main driver through the session, which was prompted by the better ADP jobs report, and the advent of month and quarter-end. The higher

What is the US Dollar Index? The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US’s major trading partners. The Dollar Index rises when the US dollar gains strength compared to the othe

In this era when people all over the world are keen on making money, any kind of opportunity to make a fortune can attract countless fans. The financial market is no exception, take the most popular one - Bitcoin. In 2020, people are crazy about cryptocurrencies like Bitcoin, which also brought a fi

​The dollar trimmed a four-week gain in early Asian trade on Monday as markets digested a fresh blow to US assets. April retail sales suggests pre-emptive buying to get ahead of tariff-related price hikes faded quickly. Moody's Ratings cut the US' sovereign credit rating down one notch to Aa1 from A

​The Swiss franc was largely unchanged on Wednesday despite of improving US consumer inflation. Longer-term, the more protectionist stance of the United States is expected to keep hurting the greenback. Swiss inflation could enter negative territory in the coming months, but this will not necessaril