Dollar surges to 0.85 EUR as global cash flees to safety

The greenback is gaining ground this afternoon, the USD/EUR exchange rate hit its highest level of the month as risk sentiment sours…

Japan’s currency intervention last week is already fading, the yen is sliding again as the interest rate gap with the U.S. remains a canyon…

Safe-haven demand for the dollar is being fueled by the Hormuz uncertainty and the collapse of the EU-U.S. trade truce…

Everyone wants greenbacks when the shooting starts, the dollar is the world’s ultimate life raft.

Japan spent $35 billion to save the yen and it didn’t even last through the weekend.

The stronger the dollar gets, the harder it is for the rest of the world to pay for the oil they don’t have.

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