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CAD was the best performing currency on Friday; GBP was the second best performing currency ... The USD was a bit stronger against most currencies on Friday. The EUR ended the week a little below 1.23, down almost 2.5 cents from its intraday peak the Friday before. We receive the advance estimate of core CPI for February on Wednesday evening while ECB President Draghi addresses the ...
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Dollar-Rate Breakdown Exposes Foreign-Exchange Mystery The U.S. currency has slumped 11% since late 2016 against its main trading partners, including a 2.7% decline this year in the WSJ Dollar Index. That is surprising many on Wall Street, where dollar strength has been anticipated as a series of Federal Reserve interest-rate increases has expanded the ...
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