Currencies articles


Dollar marches to 4-month high as oil rally points to higher inflation

Dollar marches to 4-month high as oil rally points to higher inflation

The U.S. dollar extended gains on Monday, hitting its highest level in more than four months as investors gauged what last week’s job data and a continued oil price rally could mean for monetary policy. What are currencies doing? The ICE U.S. Dollar Index DXY, +0.04% which measures the buck against six rivals, gained 0.2%

Can Mother’s Day lift the Mexican peso’s spirits?

It was a rough April for Mexico’s peso, but there’s a seasonal pattern coming that some traders say could lift it out of this blues for a moment: the Mother’s Day rally. The peso USDMXN, +1.0723% fell 3% versus a broadly stronger U.S. dollar in April, when the ICE U.S. dollar index DXY, +0.14% which

Banks,Financial Services,Chemicals,Manufacturing,US:GS,US:BTCUSD,US:JPM,US:SPX,US:DJIA,US:COMP

Bitcoin off 4%; Charity turns to crypto mining to raise money

Cryptocurrency prices are lower Tuesday, with all major digital currencies in the red. A single bitcoin BTCUSD, +1.56% was last exchanged at $8,953.57, down 3.6% since Monday’s levels at 5 p.m. Eastern Time on the Kraken exchange. The virtual currency’s inability to push through overhead resistance and the psychologically important $10,000 level suggests it could


The dollar index just turned positive for 2018

The U.S. dollar extended its winning streak on Tuesday, pushing a closely watched index into positive territory for 2018, as interest rate differentials and worse economic data elsewhere offered support. May Day holidays in parts of Europe and Asia made for thin trade. What are currencies doing? The ICE U.S. Dollar Index DXY, -0.10%  rose


Bitcoin Today: Prices Surge Past $9,000 Mark as Rally Continues

Bitcoin continued an impressive rally on Tuesday as prices blew past the $9,000 mark overnight. Trading volume surged as high as $8.9 billion for first time since April 12. At the same time, the total market value of all cryptocurrencies surged past the $400 billion mark for the first time since early March. Here are

Currency,Euro,Yen,Pound,U.S. Dollar,Federal Reserve

Treasury yields lead dollar higher, Mexican peso suffers selloff

The U.S. dollar gained ground against its rivals Thursday as the 10-year Treasury yield edged higher, flirting with the psychologically important 3% mark. What are currencies doing? The ICE U.S. Dollar Index DXY, +0.07% which measures the greenback against six developed market currencies, climbed 0.3% to 89.889. The broader WSJ U.S. Dollar Index BUXX, +0.13%


Bitcoin Today: Prices Stay Afloat In Search for Momentum Above $8,200

Bitcoin prices rose in Thursday trading to as high as $8,275, up slightly for the day. Volume jumped above $7 billion for the first time in a week. Most other cryptocurrencies rose as well, with all but about four of the top 100 cryptocurrencies by market cap trading into the green. Here’s what you need

Banks,Financial Services,Chemicals,Manufacturing,US:GS,US:BTCUSD,US:JPM,US:SPX,US:DJIA,US:COMP

Cryptocurrencies rally late Wednesday, bitcoin cash surges 16%

The price of a single bitcoin popped back above $8,000 early Wednesday, erasing a Tuesday loss that saw the No. 1 digital currency shed $200 in 20 minutes. Speculation is that that decline was the work of a single large seller, dragging prices lower. After a relatively quiet Wednesday. digital currencies rallied Wednesday afternoon. The

SALT LAKE CITY, UT - APRIL 26: A pile of Bitcoins are shown here after Software engineer Mike Caldwell minted them in his shop on April 26, 2013 in Sandy, Utah. Bitcoin is an experimental digital currency used over the Internet that is gaining in popularity worldwide. (Photo by George Frey/Getty Images)

Bitcoin Today: Price Breaks Below Key $9,000 Level, India Cracks Down

February isn’t off to a great start for cryptocurrencies. Prices of all the major coins were falling Thursday, with bitcoin breaking beneath a psychological barrier at $9,000. As market caps shrink, these are the headlines you can’t miss on Thursday, Feb 1. Price Pitfalls Bitcoin dipped below $9,000 for the first time in more than