Dollar Continues To Surge Higher

RTTNews | 931 days ago
Stocktwits
Dollar Continues To Surge Higher

(RTTNews) - The U.S. dollar climbed higher against most of its major counterparts on Monday, extending recent gains, amid bets the central bank will continue to aggressively hike interest rates.

Recent strong jobs data and remarks by several Fed officials indicate the central bank will announce another 75-basis point hike in interest rates in November.

The dollar index surged to 113.33 this afternoon, and despite easing to 113.13, remains well above the flat line, gaining 0.3% over its previous close.

Against the Euro, the dollar has firmed to 0.9707 from 0.9740, gaining about 0.4%.

The dollar is trading at $1.1058 against Pound Sterling, gaining from $1.1093.

Against the Japanese currency, the dollar is stronger, fetching 145.74 yen a unit, as against 145.24 yen a unit on Friday.

The dollar is gaining more than 1% against the Aussie at 0.6299.

The dollar is up marginally against Swiss franc at CHF 0.9997 a unit, compared with CHF 1.0000 a dollar.

Against the Loonie, the dollar is at C$1.3781, gaining from C$1.3738.

Stocktwits
read more
DAX Rises Again As Strong Results, Easing Tariff Concerns Lift Sentiment

DAX Rises Again As Strong Results, Easing Tariff Concerns Lift Sentiment

German stocks are up firmly in positive territory on Tuesday with investors reacting to a slew of corporate earnings announcements. Easing concerns about U.S. tariffs, and data showing an improvement in German consumer sentiment contribute as well to the positive sentiment in the market.
RTTNews | 48 minutes ago
Spain GDP Growth Softens; Inflation Eases

Spain GDP Growth Softens; Inflation Eases

Spain's economic growth slowed marginally in the first quarter and inflation weakened in April on lower gas and electricity prices, official data showed on Tuesday. Gross domestic product expanded 0.6 percent in the first quarter, which was slightly slower than the revised 0.7 percent growth posted a quarter ago, the preliminary data from the statistical office INE showed.
RTTNews | 1h 11min ago
Yen Rises Ahead Of BoJ Monetary Policy Meeting

Yen Rises Ahead Of BoJ Monetary Policy Meeting

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as traders await the Bank of Japan (BoJ) monetary policy decision due this week.
RTTNews | 3h 45min ago
German Consumer Sentiment Set To Continue Recovery: GfK

German Consumer Sentiment Set To Continue Recovery: GfK

German consumer confidence is set to continue its recovery in May as trade tariff hikes by the US administration had a limited impact, a closely watched survey showed Tuesday. The forward-looking consumer sentiment index improved unexpectedly to -20.6 in May from revised -24.3 in the previous month.
RTTNews | 3h 45min ago
Commodity Currencies Rise Amid Risk-on Mood

Commodity Currencies Rise Amid Risk-on Mood

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as traders remain optimistic and keep a close eye on developments on the tariff front, with U.S. Treasury Secretary Scott Bessent reportedly said he believes an agreement in principle can reached on "17 or 18 important trade deals" the administration is currently negotiating.
RTTNews | 4h 26min ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Press Release
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.