U.S. markets closed
  • S&P 500

    4,071.70
    -4.87 (-0.12%)
     
  • Dow 30

    34,429.88
    +34.87 (+0.10%)
     
  • Nasdaq

    11,461.50
    -20.95 (-0.18%)
     
  • Russell 2000

    1,892.84
    +11.16 (+0.59%)
     
  • Crude Oil

    80.34
    -0.88 (-1.08%)
     
  • Gold

    1,811.40
    -3.80 (-0.21%)
     
  • Silver

    23.35
    +0.51 (+2.25%)
     
  • EUR/USD

    1.0531
    +0.0002 (+0.02%)
     
  • 10-Yr Bond

    3.5060
    -0.0230 (-0.65%)
     
  • GBP/USD

    1.2296
    +0.0040 (+0.33%)
     
  • USD/JPY

    134.2900
    -1.0160 (-0.75%)
     
  • BTC-USD

    16,963.36
    -38.26 (-0.23%)
     
  • CMC Crypto 200

    404.33
    +2.91 (+0.72%)
     
  • FTSE 100

    7,556.23
    -2.26 (-0.03%)
     
  • Nikkei 225

    27,777.90
    -448.18 (-1.59%)
     

The Dollar Rises Again. But China Is Ready to Fight Back Against a Weak Yuan.

The Dollar Rises Again. But China Is Ready to Fight Back Against a Weak Yuan.

The U.S. dollar was rising again Thursday, having slipped back from a fresh 20-year high hit on Wednesday. The U.S. Dollar Index—which measures the greenback against a basket of six major peers—gained nearly 1% to 113.50, having topped 114.50 at the peak of Wednesday before falling down to the 112 region. The dollar’s dip in the previous session “was a classic case of profit-taking after a stunning run in the dollar, which has already resumed its upward trajectory,” said Marios Hadjikyriacos, an analyst at broker XM.