Goldman Sachs Group Inc. strategists, led by Kamakshya Trivedi, predict a potential dimming outlook for the dollar in 2024. Despite the greenback’s current strength, up approximately...
The greenback is surging toward a three-month high, leaving traders contemplating the possibility of enduring high-interest rates. This surge comes just ahead of Federal Reserve Chair...
Traders Brace for Volatility as Major Central Banks Prepare for Key Meetings
Over 40% of deposits in Nigerian banks are now in United States (US) dollars, according to a report by the International Monetary Fund (IMF). The report...
The U.S. dollar has been bouncing off a one-year low against a basket of currencies, following the release of data showing retail sales fell in March....
On Monday, the U.S. dollar weakened slightly, with the Dollar index down 0.25% to 104.24 as Treasury yields pulled back and Wall Street sentiment remained positive....
This rise allowed the greenback to fully recover from the losses it faced in January.