Currencies

BNY said the US dollar has risen more against a North Asia import-weighted basket than versus traditional currencies, a divergence that could feed through to US inflation given the US trade deficit with the region. On a year-to-date, US import-share-weighted basis, USD versus the North Asia basket of CNY, JPY, TWD and KRW is up near 4% this year, whereas the broader dollar index is up 1%. The note said North Asian exporter currencies have not kept pace with fundamentals despite large US-facing trade surpluses, leaving balance-of-payments adjustment uneven and...

June 4, 2026, 7:20 a.m. ETI’m going to let you in on a little secret: There’s a built-in feature on your Apple devices that can instantly convert currency for you. So before you begin a frantic web search or try to download an app while you’re in a different country, open the Calculator app on your iPhone instead.The Calculator app on your iPhone, iPad or Mac can convert currency, temperature, distance, fuel and much more with just a few taps or clicks.But that’s not all! Depending on your device, you...