Tag: US Dollar Index

US Dollar Rebounds, but Pressure Remains

The US dollar rebounded against a basket of currencies on Thursday, but remained under pressure amid growing selling interest, suggesting that investors are becoming...

Commodities Stabilize, Dollar Declines

Commodity prices stabilized on Wednesday, while the US dollar declined sharply in favour of the euro as investors refrained from using the common currency...
EUR vs USD TradersDNA image

EUR/USD Declines on Weak Eurozone CPI ahead of ECB Meeting

The EUR/USD declined on Wednesday, falling below 1.06 after weaker than expected Eurozone inflation data strengthened the case for more expansive monetary policy by...

Gold Crumbles, Dollar Spikes after Thanksgiving

The price of gold fell back near six-year lows on Friday and was headed for a sixth straight weekly decline, as the dollar firmed...

US Dollar Index Hits 100.00

The US dollar strengthened against a basket of currencies on Wednesday, as stronger than expected economic data reinforced the view that the Federal Reserve...

Dollar Strength Weighs on Gold Price

The US dollar pushed higher on Monday, driving gold prices back toward six-year lows as investors continued to price in a rate hike from...

Global Stocks Rally on Fed Minutes

Global stocks advanced on Thursday, following Wall Street higher amid clear signals from the Federal Reserve that interest rates will rise next month. The minutes...

Gold Hits 2010 Lows as Investors Eye Fed Rate Hike

Gold prices continued lower on Wednesday after plunging $15 in the previous session, as the markets braced for the first Federal Reserve interest rate...

European Stocks Turn Higher on Stimulus Bets

European stocks rebounded on Tuesday after geopolitical concerns left investors hopeful that the European Central Bank would introduce more stimulus next month. The pan-European STOXX...

US Dollar, Gold Rise after Paris Attacks

Global safe havens rose on Monday, as investors turned to risk-off trading following the terrorist attacks in Paris on Friday. More than 120 people were...

EUR/USD Turns Back from 1.08 on Disappointing Eurozone GDP

The EUR/USD was back on the defensive Friday, giving up the previous session’s gains after government data showed an unexpected slowdown in Eurozone growth. The...

EUR/USD Falls Below 1.07

The EUR/USD traded lower on Tuesday, as investors digested disappointing Chinese inflation figures amid growing expectations for a US interest rate increase next month. The...

Dollar Spikes to 7 ½ Month Highs on Surging Nonfarm Payrolls

The US dollar was trading at seven-and-a-half month highs against a basket of world currencies Friday after government data showed a much bigger than...

EUR/USD Back Below 1.100 ahead of Data Deluge

The EUR/USD turned lower on Tuesday, as the dollar regained its footing ahead of an active trading week headlined by nonfarm payrolls on Friday. The...
EUR vs USD TradersDNA image

EUR/USD Recovers 1.10 as Eurozone Emerges from Deflation

The EUR/USD rebounded Friday, regaining the psychological 1.10 level after official data showed that the Eurozone emerged from deflation in October. Consumer inflation in the...

Dollar Falls as US Economy Brakes

The US dollar traded lower against a basket of currencies Thursday after government data revealed a sharp slowdown in US economic growth in the...

Asian Stocks Close Mixed ahead of Fed Decision

Asian stocks closed mixed on Wednesday, as investors turned cautious amid weak energy prices ahead of the Federal Reserve rate decision. Tokyo’s Nikkei Index led...

EUR/USD Holds 1.10, but Downside Risk Remains

The EUR/USD was little changed on Monday, holding above the psychological 1.10 level after plunging 3% last week on signs the European Central Bank...