# dollar index
Latest news and articles about dollar index
Total: 3 articles found
Wall Street Dips as Tech Slips and Gold Miners Plunge; Oil and the Dollar Push Markets Around
U.S. equity markets closed lower as technology names led declines while gold miners plunged amid a firmer dollar and rising oil prices. The session reflected sector rotation and macro uncertainty, with investors weighing the implications of commodity strength and higher real yields on earnings and valuations.
Yuan Breaks 6.94 Against Dollar as Dollar Softens — A Test of China’s Managed Float
The onshore renminbi strengthened intraday past 6.94 to a 32-month high as the US dollar softened. Market strategists see room for further dollar weakness this year if US jobs data disappoint and rate-cut expectations move forward, a dynamic that will shape China’s exchange-rate, trade, and monetary policy considerations.
Gold Soars to Record Above $5,240 as Funds Halt Purchases; Silver, Miners and Exchanges Scramble to Manage Speculative Surge
Gold hit a record above $5,240 per ounce and silver spiked above $115 amid a weaker dollar, US political uncertainty and rising retail demand in China. Fund managers and exchanges have moved to curb flows and leverage — suspending subscriptions and raising futures margins — raising the risk of a volatile unwind.