Dollar rallies against euro, yen after surprisingly firm U.S. consumer prices
“The data was far stronger than expected. Particularly worrisome is the fact that core inflation came in almost double estimates,” said Karl Schamotta, chief market strategist at Corpay in Toronto.
U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling
“The dollar is a rock in a sea of troubles right now, outperforming all of its major rivals as interest rates rise and the economy shows signs of resilience,” said Karl Schamotta, chief market strategist, at Corpay in Toronto.
Honeybee imports handmade wooden toys from Europe and sells them to the Australian wholesale and retail markets. The majority of stock we source is manufactured in Germany.
