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U.s. dollar

What's behind the rising value of the U.S. dollar?

by Mitchell Hartman
Oct 9, 2024
Last week, the DXY index — which tracks the value of the dollar against other major currencies — rose more than 2%, the most in two years.
In terms of the greenback's current value, "it’s a world everyone can live with. It’s not too strong and it’s not too weak," said Jonas Goltermann, deputy chief markets economist at Capital Economics. 
Ernesto Benavides/AFP via Getty Images
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With the Fed set to cut interest rates, the dollar is losing a bit of its shine with foreign investors

by Stephanie Hughes
Sep 16, 2024
That could be good news for U.S. exporters, though.
Sociology professor, Brooke Harrington, reveals how the offshore financial system can weaken economies and democracy in her new book, “Offshore: Stealth Wealth and the New Colonialism.”
Tomohiro Ohsumi/Getty Images
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More Americans are traveling abroad, thanks to a strong dollar

by Caleigh Wells
Jul 8, 2024
The dollar is more than 10% stronger than it was three years ago.
More Americans are traveling abroad as a strong U.S. dollar gives consumers more spending power.
J. David Ake/Getty Images
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Why most of the world still uses the U.S. dollar to buy and sell oil

by Sabri Ben-Achour
Jun 25, 2024
The scale, liquidity and stability of U.S. financial markets are partly behind the phenomenon.
Safe, liquid markets in the United States is a key reason most countries buy oil — and many other commodities — with dollars.
Frederic J. Brown/AFP via Getty Images
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The fallout from a strong dollar

by Mitchell Hartman
Apr 29, 2024
U.S. exports become more expensive overseas, but imported goods become cheaper here in the U.S.
A stronger dollar makes imported goods cheaper, meaning American consumers can buy more stuff.
Matt Cardy/Getty Images
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At stake in Argentina's election: replacing the peso with the U.S. dollar

by Natalio Cosoy
Oct 20, 2023
Argentine presidential candidates Javier Milei has vowed to dollarize Argentina's economy and close down the central bank.
Far right presidential candidate Javier Milei has proposed dollarizing Argentina’s economy. Above, a supporter of Milei holds fake $100 bills that bear Milei's face.
Tomas Cuesta/Getty Images
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U.S. dollar's strength is mostly bad news for countries and companies around the world

by Stephanie Hughes
Sep 6, 2023
Central banks have a couple of tools they can use to push back, including interest rate hikes and selling U.S. dollars..
The U.S. dollar spent August surging against Asian currencies.
Behrouz Mehri/AFP via Getty Images
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The dollar's falling back to Earth as other countries raise their own interest rates

by Justin Ho
Aug 22, 2023
A year ago, U.S. exporters were complaining that the dollar was too strong. Not anymore.
A weaker U.S. dollar could help companies that export, while importers might have to pay more for the products they bring in.
Adem Altan/AFP via Getty Images
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Could the United States dollar be dethroned?

by Sabri Ben-Achour and Erika Soderstrom
Apr 26, 2023
Why some countries are moving away from U.S. bucks.
The U.S. dollar has been the dominant global currency for nearly a century. But some countries are now looking to diversify away from the greenback.
China Photos/Getty Images
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Weakening dollar could feature in earnings reports this week

by Justin Ho
Apr 24, 2023
The dollar has lost value against major currencies since last summer. This means U.S. products are cheaper abroad, but importing is more costly.
The dollar’s value had been falling since the latter part of 2022.
Andy Jacobsohn/AFP via Getty Images
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