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The U.S. dollar is on fire, reaching near-parity with the euro for the first time in two decades. The yen ( JPY=X ) is down 20% versus the dollar over the last year — nearly unheard of in the ...
The euro's losses, meantime, have catapulted the dollar higher across the planet - with the dollar index also hitting its best levels since 2022 and now up more than 6% for the year to date. China ...
The US dollar has had a remarkably strong summer, and while its rise has eased in the days following a left-wing resurgence in France’s elections, it’s still on a gangbusters ride.
The euro made its biggest gain in 18 months, [270] before falling to a new four-year low a week later. [271] Shortly after the euro rose again as hedge funds and other short-term traders unwound short positions and carry trades in the currency. [272] Commodity prices also rose following the announcement. [273] The dollar Libor held at a nine ...
The greenback climbed against every G10 currency, including gains exceeding 1.7% against both the euro and yen. The dollar also rose as much as 3.5% against the Mexican peso before paring gains.
The U.S. House of Representatives passed the $2.2 trillion fiscal stimulus package passed by the U.S. Senate on 25 March with U.S. President Donald Trump signing the bill into law the same day. [467] The European Central Bank announced an additional €750 billion ($820 billion) in open market purchases of government bonds. [ 468 ]
First quarter of 2009: For the first quarter of 2009, the annualized rate of decline in GDP was 14.4% in Germany, 15.2% in Japan, 7.4% in the UK, 18% in Latvia, [190] 9.8% in the Euro area and 21.5% for Mexico. [35] April 2, 2009: Unrest over economic policy and bonuses paid to bankers resulted in the 2009 G20 London summit protests.
Trump, however, says he won’t waste any time, threatening last week to slap 25% tariffs on Mexico and Canada and an additional 10% duty on Chinese goods on the first day of his second term on ...