The dollar index (DXY00) has risen +0.17% today. The dollar is rising today due to GBP/USD weakness after November consumer prices in the UK rose less than expected. Additionally, the yen’s weakness today is positive for the dollar as Japanese fiscal concerns weigh on the yen. The dollar retreated from its best level following dovish…
The Dollar Index (DXY00) rose +0.39% to its 1.5-week high today. The dollar is rising today amid weakness in the yen, which fell to a 9.75-month low on concerns that the Japanese government will support a stimulus package that would substantially increase Japan’s debt burden. Today’s US trade news also supported the dollar after the…
Benzinga and Yahoo Finance LLC may earn commissions or revenue on some articles through the links below. As dollar-backed stablecoins continue their stranglehold on the global market (dominating 99% of the $286 billion sector), Japan just made a move that could finally give Asia its own digital currency heavyweight. Tokyo-based fintech startup JPYC launched the…
