U.S. Dollar Index Rises 0.22% to 98.377 on May 4

GateNews

According to ChainCatcher, the U.S. Dollar Index rose 0.22% on May 4, closing at 98.377 in forex trading. Among major currency pairs, the euro weakened to 1.1692 per dollar from 1.1731, while the yen strengthened to 157.24 per dollar from 157.02. The British pound declined to 1.3534 per dollar from 1.3589, and the Swiss franc, Canadian dollar, and Swedish krona also appreciated against the dollar.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Fed's Williams Says No Need to Consider Rate Hikes on May 5

According to Federal Reserve Vice Chair Williams, on May 5, there is currently no need to consider rate hikes. The Fed's bias toward easing reflects potential long-term policy trends, with long-term outlooks still indicating eventual rate

GateNews57m ago

Trump Calls Fed Chair Powell a 'Disaster' for U.S. on May 4, Citing High Rates

According to CCTV News, President Trump said on May 4 that Federal Reserve Chair Powell is a 'disaster' for the United States, criticizing interest rates as too high.

GateNews2h ago

CME Federal Reserve Watch Shows 95.2% Probability of No Rate Change in June

According to CME Federal Reserve Watch data, the Federal Reserve has a 95.2% probability of maintaining interest rates unchanged in June, with a 4.8% probability of a 25 basis point rate cut. For July, the probability of holding rates steady stands at 92.2%, while the probability of a 25 basis point

GateNews3h ago

Federal Reserve's Williams Says No Need to Consider Rate Hikes Currently

According to Jin Shi, Federal Reserve Vice Chair John Williams stated on May 4 that there is currently no need to consider raising interest rates.

GateNews7h ago

TradFi Rise Alert: USDCOP (US Dollar vs Colombia Peso) Rises Over 1.5%

Gate News: According to the latest Gate TradFi data, USDCOP (US Dollar vs Colombia Peso) has surged by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

GateNews7h ago

ECB May Raise Rates in June if Inflation Outlook Does Not Improve, Says Negrel

According to ChainCatcher, ECB Governing Council member Negrel stated that the central bank may raise rates in June if the inflation outlook does not improve.

GateNews8h ago
Comment
0/400
No comments