Forex Today: US Dollar retreats on Trump's Inauguration Day
The US Dollar (USD) stays on the back foot to start the week as investors gear up for Donald Trump's second inauguration. Meanwhile, stock and bond markets in the US will be closed in observance of the Martin Luther King Jr. Day holiday on Monday.
According to Kenneth Rogoff, Professor of Economics at Harvard University, the dollar is currently "really rich" and is at a level that could pose challenges for the US economy, particularly when it ...
King Dollar, meet the Donald. After lording over most major currencies for the past three years, the greenback is likely to ...
The Pound attempted to rally on Thursday but dipped lower on Friday as weaker-than-expected retail sales data completed a week of generally disappointing data surrounding the UK economy. Sterling ...
(DX=F, DX-Y.NYB) has surged into the new year — and its rapid rise could test corporate earnings with the big bank retailers first up to report. "A stronger dollar ...
MSCI's global equities index rose on Friday while U.S. Treasury yields turned higher with the dollar as upbeat economic data ...
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Maintaining the dollar as the world’s reserve asset is critical to US economic health and the nation’s future, Scott Bessent, ...
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