Powell and Yellen

Dollar Strengthens on Comparatively Better U.S. Economic and Vaccine Deployment Outlook

March 23, 2021

The dollar advanced broadly overnight by 1.8% against the New Zealand dollar, 1.4% relative to the Turkish lira, 1.0% versus the Australian dollar, 0.7% against the Mexican peso, 0.6% vis-a-vis the Swiss franc and sterling, 0.5% against the euro and 0.4% versus the Canadian dollar and on a trade-weighted basis. Investors are awaiting today’s releases of […] More

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