Sen. Ted Cruz’s anti-CBDC bill. Source: Ted Cruz Since 2020, the Federal Reserve has been exploring a digital version of the US dollar. According to the CBDC Tracker, at least four research ...

The dollar index (DXY00) Wednesday rose by +0.37% and posted a 3-week high. Hawkish Fed commentary Wednesday pushed T-note yields higher and boosted the dollar. Chicago Fed President Goolsbee ...

"The revision lower in the dot plot, from 25bp to 50bp for 2025, is still more hawkish than market pricing (65bp) and the Fed ... now, support around 103.0 in DXY can be as good as it gets for ...

The weakness in stocks today has boosted liquidity demand for the dollar. Hawkish comments today from New York Fed President Williams and Chicago Fed President Goolsbee were positive for the ...

NEW YORK :The dollar rose broadly on Thursday, a day after the Federal Reserve indicated it was in no rush to cut rates further this year due to uncertainties around U.S. tariffs. The Swiss franc ...