US dollar Archives - Page 2 of 3 - British Herald
December 3, 2022
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Dollar index shows rebound

TOKYO (JAPAN) – Buoyed by the prospects of huge fiscal stimulus, the dollar held four days of gains against major peers on Tuesday. Joe Biden, who assumes office on Jan. 20, has promised to provide “trillions” in extra pandemic-relief spending. The dollar index showed a rebound from an almost three-year low reached last week. This […]

Gold surges to record heights

SYDNEY (AUSTRALIA) – The yellow metal on Tuesday surged to record heights before the scale of its gains sparked a burst of profit taking. This, in turn, helped the dollar from two-year lows, curbing early equity gains. Gold surged $40 higher at one point to touch $1,980 an ounce. But a wave of selling slapped […]

Dollar begins week with pressure from all corners

SINGAPORE CITY (SINGAPORE) – The greenback started the week by facing immense pressure from all corners. Intensifying China-US relations have added to concerns that the surging number of coronavirus cases could undermine the economic recovery. During morning trade, the dollar dropped to a four-month low against the yen and a new 22-month trough on the […]