US Dollar
Reasons the US dollar stays below $4,000 pesos in Colombia
The US dollar has completed eight weeks without exceeding $4,000 pesos in Colombia, driven by global and local factors like the Federal Reserve's rate cut and increased dollar inflows. Analysts point to the DXY index's weakness and government operations strengthening the peso. This stability benefits imports and travel to the United States.
Debate grows over potential end of dollar dominance
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For decades, economists have forecasted the decline of the U.S. dollar as the world's reserve currency, but recent global shifts are reigniting the discussion. A MarketWatch analysis explores why this time might differ from past predictions. Despite persistent warnings, the dollar's strength endures amid limited alternatives.
US dollar index hits two-month high despite Fed rate cuts
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The US Dollar Index (DXY) has climbed to its highest level in two months, reaching 98.9 points since the Federal Reserve's September rate cut. This rebound contradicts expectations of dollar weakening and coincides with Bitcoin's decline, highlighting their inverse correlation. Analysts attribute the rise to global political instability and market dynamics.