The Treasury secretary underscores the challenge of ‘credibility’ when it comes to the value of a fiat currency.
Treasury Secretary Scott Bessent said the US continues to have a “strong dollar” policy under President Donald Trump.
Donald Trump’s tariffs salvo means a resurgent dollar is likely to become an even bigger overhang for Asian stocks, as it ...
The company forecast flat to 2% growth in 2025 per share adjusted profit, compared with $1.14 it earned in 2024. Analysts ...
Corporate treasurers are ramping up efforts to guard company earnings against more dollar strength, a move that some analysts ...
The U.S. Dollar Index (DXY) tracks the dollar's value vs. key currencies, offering insights into trade and global markets.
“What we’re hearing from clients is that they are planning for a perseverance of the dollar,” Comings said. Multinational companies such as Apple and Microsoft already have warned the strong ...
“The strong-dollar policy is completely intact with President Trump,” Bessent said in an interview with Bloomberg’s Saleha Mohsin Thursday. “We want the dollar to be strong. What we don ...