By some economic measures, however, the U.S. dollar is stronger than the British pound. The dollar's status as the world's reserve currency and its greater volume of trading in the forex markets are important indicators of strength. Additionally, the U.S. economy is a larger and stronger ...
Historically, the British pound (GBP) has been stronger than most currencies, including the U.S. dollar. In 2007, the value of the GBP hit a record doubling the value of the U.S. dollar.1As of 2024, the British pound is the fourth strongest currency in the world, maintaining a steady...
The Euro is Getting Stronger, the Dollar is Getting Stronger Even FasterScott Sumner
Sterling is performing well, but is stronger against the euro than the dollar. You can buy €1.20 for a pound, a figure that had been at an eight-year high until recently. Against the dollar, the pound is weaker, below the summer high of $1.30. It now sits at 1.272 after rising t...
The dollar has traded in a strong and tight range through the first five months of the year. Looking forward to the next 12 months, we think there are a number of factors that will keep the US dollar stronger for longer. Chief among those reasons is the strength of the US econom...
Japanese authorities have indeed spentbillions of dollarsto prop up the yen, which has lost a third of its value since 2021 and fell to a 34-year low of more than 160 per dollar in April. This is largely because of theyawning interest-rate differentialbetween the two countries: when the ...
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Is It Possible the Dollar Only Gets Stronger?Avi Gilburt
While the Chinese economy returned to a stabilizing trend in April after a stronger-than-expected first quarter, the traction behind its firm steps is somehow different from what it used to be. Belt & Road tourism increasingly popular among tourists A new report on tourism along the route of ...
Why is it that some people are so much more intelligent or creative than the rest of us? And who are they? In the sciences and arts, those praised as geniuses were most often white men, of European origin. Perhaps this is not a surprise. It's said that history is written by the ...