dxy bulls struggle below 96.00 despite firmer yields, Fed eyed
The U.S. Dollar Index is an index of the value of the United States dollar relative to a basket of foreign currencies. These currencies are the Euro , Japanese Yen , British Pound , Canadian Dollar , Swedish Krona and Swiss Franc . The index started in 1973 -with the absolution of Bretton Woods- with a base of 100.000, and values since then are relative to this base. For example, if the current reading says 99.800, this means that the dollar has fallen 0.2% since the start of the index .
The US Dollar Index news can be seriously affected by the decisions taken by these organizations and people:. The Fed controls the monetary policy, through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis.: events as administration statements, budget, new laws and regulations or fiscal policy can increase or decrease the value of the Dollar Index.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Has the omicron wave peaked in the U.S.?Has the omicron wave peaked in the U.S.?
Weiterlesen »
Introducing Next Earth: The User-Governed Metaverse – Sponsored Bitcoin News2022 is ramping up to a buzzing year for the metaverse. Upcoming projects like Next Earth aim to usher in a new era of user-governed virtual worlds. Next
Weiterlesen »
What the Tonga volcano’s past tells us about what to expect nextThe eruption of Hunga-Tonga-Hunga-Ha'apai volcano in the South Pacific launched a towering, mushroom-shaped cloud of ash and dust at least 20 kilometers into the atmosphere.
Weiterlesen »