Name Last Chg Chg %
Euro $1.1646 0.0001 0.01%
Advanced Charting
Japanese Yen ¥113.57 0.07 0.06%
British Pound $1.3797 0.0057 0.41%
Australian Dollar $0.7464 -0.0001 -0.01%
U.S. Dollar Index (DXY) 93.61 -0.16 -0.17%
WSJ Dollar Index 88.05 -0.12 -0.13%

Currencies News

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The Fed needs to catch up quick before inflation gets away

Inflationary forces are not transitory, and policy makers on Capitol Hill and at the central bank must do everything they can to rein in inflation and boost supply.

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Asian markets gain as Evergrande makes overdue bond payment

Asian shares gained Friday after a late-in-the-day wave of buying pushed the S&P 500 to a fresh record high.

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Traders are pricing in annual pace of U.S. consumer price gains at around 6% or higher for the next three months

So-called "fixings," which trade as derivatives, show that the annual rate of CPI will continue to go higher for rest of the year, according to Tim Magnusson of Garda Capital Partners in Minneapolis.

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Digital dollar would put Fed in direct competition with banks, Fed’s Waller says

If the Fed developed a digital currency, it would in direct competition with banks and would be akin to the government to deciding to make electric cars to compete with Tesla, said Fed Gov. Chris Waller on Thursday.

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Asian markets mixed after Evergrande sale deal called off

Shares were mixed in Asia after major Chinese property developer Evergrande said a plan to sell its property management arm to a smaller rival had fallen through.

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