Stocks were a sea of red on Thursday after investors were spooked by warnings from a number of Federal Reserve speaker that US economy needs stimulus to continue to recover. Federal Reserve Chairman Jerome Powell said more stimulus is needed while the Fed’s vice-chair Richard Clarida said Wednesday the pandemic […]

Gold, silver, and other commodities tumbled after the dollar got a lift from Chicago Fed President Charles Evans, who said the central bank could raise interest rates inflation hits its target of 2%. Evans’ comments provided a strong boost to the US dollar which is now at two-month highs and […]

The US Dollar Index fell to its lowest level since May 2018 on Tuesday as investors grew more bearish toward the currency. The gauge has dropped for five days straight amid continued virus risk and fears of new stimulus arriving too late to best aid the economy. With short interest […]

The US dollar will almost certainly crash under the weight of unprecedented government debt and a reversal of decades-long globalization trends, Stephen Roach, former chairman at Morgan Stanley Asia, said Monday. The currency initially soared as investors piled into safe-haven assets at the start of the coronavirus pandemic. Yet the […]

President Trump said in a tweet Wednesday that the US dollar reached its highest-ever level the previous day. That is not correct. While one dollar measure did hit a 2019 high on Tuesday, it’s far from the highest in US history. We provide four data points showing that the dollar […]

The dollar rose to its highest level of 2019 on Monday. The gains came amid further complaints from Trump that the greenback is too strong – something he says works counter to the US’s trade-war interests. Trump once again called for the Federal Reserve to lower interest rates, which he […]

President Trump took to Twitter to argue for a weaker US dollar, saying he is not thrilled with the greenback’s strength. He placed blame for the dollar’s strength on the Federal Reserve, once again saying the central bank should cut interest rates further. Read more on Markets Insider. President Trump […]

The US dollar surged after the Federal Reserve cut interest rates on Wednesday, with an index tracking the currency climbing to its highest level in more than two years. President Trump, who has long called for the Fed to cut rates and a weaker dollar, was critical of the move. […]

President Trump has long called for a weaker US Dollar, saying it would help the US compete abroad. The DXY, a measure of dollar strength, has fallen 1.6% in June and could edge lower following the outcome of trade talks at the G20 Summit. Foreign-exchange analysts point out that a […]

Treasury Secretary Steven Mnuchin applauded the weakness of the US dollar during a talk at the World Economic Forum in Davos, Switzerland. A day later, Mnuchin attempted to walk those comments back, saying the short-term position of the dollar is “not a concern of mine.” A weaker dollar, coupled with […]

The dollar is weaker on Thursday. The US dollar...

The dollar is higher, nearing a four-month high...

The dollar is weaker on Tuesday, continuing to...

The US dollar had a relatively strong September...

The dollar was little changed after...

The dollar is climbing on Tuesday ahead of...

Several months after the election, President Donald Trump said that the US dollar was “getting too strong,” and attributed the strength to investor confidence in him. The dollar has since slipped considerably, recently hitting its lowest level since January 2015. Business Insider CEO Henry Blodget discusses how a weak currency […]