Currencies articles

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

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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

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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

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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

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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%

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