The president's rough-and-tumble trade negotiations have throttled financial markets, causing investors to flock to the ...
President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from ...
For the past 102 years, the US has sat atop of the currency heap. And the globalized nature of the world's economy means the US dollar has achieved a more powerful status than previous reserve ...
America's dominant role in World War II further cemented New York as the financial capital of the world, and the dollar as its most important currency. The greenback was formally made the world's ...
Not so fast. Since the start of 2025, the dollar index, which tracks the U.S. currency against a trade-weighted basket of six major currencies, has kept rising. On Jan. 13 it hit the highest level ...