The US Dollar Index (DXY) is currently trading higher near 106.05 on Monday, slightly down from its peak of 106.10 hit last week.
DXY Index notes a slight uptick, currently trading near 106.00 mark. March Retail Sales exceed forecasts, bolstering bond yields and the US Dollar. Fed appears hawkish, adjustments to easing expectations produced Greenback rally last week. The US Dollar Index is currently trading higher near 106.05 on Monday, slightly down from its peak of 106.10 hit last week.
US Dollar FAQs What is the US Dollar? The US Dollar is the official currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian Dollar backslides further despite better than expected Retail Sales on FridayThe Canadian Dollar (CAD) shed further weight against the US Dollar (USD) on Friday as market participants readjust their Greenback exposure in quiet Friday trading.
Read more »
EUR/USD declines toward 1.0600 as upbeat US Retail Sales improve US Dollar’s appealThe EUR/USD pair sees more downside below the immediate support of 1.0620 in Monday’s early American session.
Read more »
USD/CHF aims to surpass 0.9150 as US Dollar remains upbeat, US Retail Sales in focusThe USD/CHF pair hovers near six-month high around 0.9150 in Monday’s European session.
Read more »
Australian Dollar extends gains after paring losses amid softer Aussie Retail SalesThe Australian Dollar (AUD) manages to recover its intraday losses and extends its gains on Thursday.
Read more »
Canadian Dollar pares gains following strong US consumption dataCanadian Dollar gives away gains as USD bounces up following strong Retail Sales data.
Read more »
Booker scores 32 points and Suns never trail in steamrolling Spurs 131-106Days after arrests were made in Lord's murder, his high school basketball teammates were invited by the Phoenix Suns to attend their game against the Boston Celtics.
Read more »