Dollar Rises to 2-Year High
Dollar Rises to 2-Year High After Strong Data Dims Rate-Cut Prospects
Early Monday in Europe, the dollar hit a two-year high of $1.0208 against the euro and $1.2123 against the British pound, according to FactSet. The DXY dollar index, which tracks the currency's value against a basket of currencies, reached a two-year peak of 109.977.
A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says.
The dollar began the week on a strong note on Monday, leaving its peers languishing near multi-year lows after a blowout U.S.
JPMorgan Chase says the dollar's strength may persist this year as the firm expects the US economy to outperform other ...
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Kenya's shilling was stable against the U.S. dollar on Monday, data from the London Stock Exchange Group showed.
Retailers that offer deep discounts on desired products can save you a lot of money, but it's important to shop carefully.
Gold prices were edging lower in early trade after the latest U.S. jobs data reinforced the Federal Reserve's cautious stance ...
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