On Tuesday afternoon, the US dollar accelerated its growth in pairs with the euro, pound and yen amid increased demand for defensive assets and sales in global equity and bond markets.The ICE dollar index (DXY), which tracks the dynamics of the US currency against a basket of six currencies, rose by 0.57%, the highest in the last month.Investors are hedging risks due to concerns about the deteriorating budget situation in the UK, where the authorities may cut spending or raise taxes. An addition... Read More
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Read More
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