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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 ...
So far, 100.78 million poultry birds across 48 states have been affected by the disease, reducing the number of laying hens and eggs going to supermarkets. The trajectory of the flu ebbs and flows.
Controversial financial decisions by new U.K. Prime Minister Liz Truss have driven the British pound down even more sharply in recent days, for a cumulative 18% drop since April. You might argue ...
Why are flights so expensive in 2023? Flights cost even more in early 2023 than they do now. Factors such as fuel costs, staffing shortages, aging IT infrastructure and hidden fees all contribute ...
At the same time, energy prices have gone up as well as the value of the U.S. dollar, which both increased monetary pressures on nations that mostly rely on energy imports. In effect, the strength of the U.S. dollar and sanctions on energy commodities have contributed to global inflation in 2022. [160]
The greenback could become "obviously overvalued" during Trump's term, a think tank expert wrote this week.
The greenback is now at a 20-year high against other world currencies, thanks in part to expectations that the Federal Reserve will increase its interest rates faster than most.
The US dollar is likely to be the first asset to signal what markets think the election result will be. Strong liquidity and global 24-hour trading activity make the dollar a reliable indicator.