The Latest Breaking News from US Dollar

The US dollar is up 12% against the euro over the past year and, at €0.93 (34.22 baht), is approaching parity. If prices of oil and other commodities now seem high in dollar terms, they look even higher in euros. With the greenback surging, and inflation in many countries currently…

The Euro has shown plenty of weakness against the US dollar since the beginning of the year. The last significant strength it showed was in the last week of January. Since then, it aggressively shot for its pre-pandemic prices in early 2020. The next low it’s looking for is perhaps from…

The devastating effects of the crash of crypto "stablecoins" Terra and Luna are being felt by many but their crash may have been orchestrated in one massive piece of ethically questionable trading.

The Bank of Thailand (BoT) on Thursday said the movement of the baht has had limited impact on inflation and the economy, after the currency reached its weakest rate against the US dollar for five years on Thursday.

Those who awaited US April CPI data hoping for a summary execution of the inflation narrative walked away from Wednesday’s release disappointed. But the reality is that inflation, although falling, is not doing so quite at the rate most were expecting. For the time being, traders will need to balance…

EQ Bank, powered by Equitable Bank, Canada's Challenger Bank, increased its USD account interest rate by 25 bps to 1.25%. The new rate is now in effect. Equitable Bank is a subsidiary of Equitable Group Inc. (TSX:EQB) (OTC:EQGPF). "When we launched US dollar accounts, we wanted to give our customers a far better alternative…

Thailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country's recovery.

Analysis: Experts warn that sharp losses for sterling could drive up cost of imports and invite attacks on the currency

Congress cites “runaway inflation, flight of capital, depleting foreign exchange, growing communal divide and policy paralysis” as reasons.