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Stocks cower as dollar marches to two-decade highs | Hellenic Shipping News Worldwide

The U.S. dollar hit 20-year highs and world stocks fell towards their lowest in over a year on Friday as markets anticipated more U.S. interest rate rises, while Asian stocks fell on worries about the hit to growth from China’s zero-COVID policy. The U.S. currency was heading for its fifth straight week of gains after . ....

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U.S. rate outlook hits stocks, propels dollar to 20-year highs

U.S. rate outlook hits stocks, propels dollar to 20-year highs
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Dollar just off 20-year highs, rally hinges on Fed signals

The dollar index pulled further away from 20-year highs on Wednesday, having already priced the US Federal Reserve to raise interest rates by a half-point later in the day and by some 250 basis points by year-end. Currency markets have settled in to wait for the Fed’s 1800 GMT announcement and Chairman Jerome Powell’s news conference, having endured wild gyrations in recent ....

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Dollar just off 20-year highs, rally hinges on Fed signals | Hellenic Shipping News Worldwide

The dollar index pulled further away from 20-year highs on Wednesday, having already priced the U.S. Federal Reserve to raise interest rates by a half-point later in the day and by some 250 basis points by year-end. Currency markets have settled in to wait for the Fed’s 1800 GMT announcement and Chairman Jerome Powell’s news . ....

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