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Published 13 days ago

Dollar surge unnerves policymakers from Tokyo to Stockholm

Summary by ARY News
A US Dollar (USD) surge propelled by a strong economy, sticky inflation and geopolitical tensions have unnerved policymakers from Tokyo to Beijing and Stockholm. The dollar is at its highest since November against other major currencies, poised for a fourth straight month of gains. Its latest rally, following stronger-than-expected March inflation numbers that pushed back U.S. rate cut bets even further, highlights how sensitive currency markets…

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Dollar surge unnerves policymakers from Tokyo to Stockholm

A US Dollar (USD) surge propelled by a strong economy, sticky inflation and geopolitical tensions have unnerved policymakers from Tokyo to Beijing and Stockholm. The dollar is at its highest since November against other major currencies, poised for a fourth straight month of gains. Its latest rally, following stronger-than-expected March inflation numbers that pushed back U.S. rate cut bets even further, highlights how sensitive currency markets…

13 days ago·Pakistan
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