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Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’

On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S.…

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Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June

While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The…

Continue ReadingStrong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June