Tag: US Dollar Index

Stimulus Bets Boost Chinese Stocks

Chinese stocks ended mostly higher on Tuesday, buoyed by expectations for additional stimulus from the People’s Bank of China after economic growth slowed to...

US Consumer Confidence Lifts Dollar

The US dollar advanced for a second straight session on Friday after preliminary data showed a bigger than expected rise in consumer confidence, signaling...

European Stocks Snap 3-Day Losing Streak

European stocks rebounded sharply on Thursday, snapping a three-day losing streak amid signs that a slowing global economy would persuade the US Federal Reserve...

US Dollar Slides on Weak Data

The US dollar declined on Wednesday after government data showed only a modest rise in retail sales and a bigger than expected drop in...

US Dollar Gains Traction on ADP Employment Figures

The US dollar climbed against a basket of world currencies on Wednesday after data showed a faster than expected rise in US job creation,...

European Stocks Plummet amid Slowdown in Chinese Industrial Profits

European stocks were back on the defensive Monday after government data showed a fall in China’s industrial profits, fueling fresh concerns about a bigger...

US Dollar Surges amid Revised Q2 GDP Figures

The US dollar surged to one-month highs against a basket of currencies Friday after Federal Reserve Chair Janet Yellen left the possibility of a...

US Dollar Slips on Weak Durable Goods Orders

The US dollar weakened against a basket of currencies Thursday, as durable goods orders declined sharply in August, fueling concern about a slowdown in...

Stocks, US Dollar Decline as Fed Keeps Rate Unchanged

European stocks declined sharply on Friday, while the US dollar extended its losses after the Federal Reserve held its key interest rate at record...

US Dollar Wavers as Fed Meetings Kick Off

The US dollar declined against a basket of currencies Wednesday after data showed continued weakness in consumer inflation, raising doubts about the Federal Reserve’s...

Global Stocks Rally despite Fledgling Chinese Exports

Wall Street and European stocks surged Tuesday, as another sharp drop in Chinese exports fueled speculation Beijing would offer additional support to prop up...

Dollar Rallies amid Mixed Employment Data

The US dollar climbed against a basket of world currencies on Friday after mixed employment data sparked a new debate about the pace and...

Dollar Surges on Revised GDP, Oil Prices Rebound

The US dollar advanced for a third consecutive day on Thursday, as oil prices rebounded more than 4% amid a bigger than expected rise...

Dollar Resumes Uptrend as Stock Markets Remain Volatile

The US dollar rose again on Wednesday, as investors reacted to stronger than expected durable goods orders amid renewed volatility in Asian and European...
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EUR/USD: Dollar Regains Footing after “Black Monday” Crash

The EUR/USD backtracked on Tuesday, as the dollar rebounded across the board following the “Black Monday” rout that sent global markets in a spin. The...

US Dollar Searches for Direction as Gold Rallies

The dollar was little changed against world currencies on Monday, as gold prices stabilized above $1,100 an ounce while oil prices continued to plumb...

Dollar Rebounds as Retail Sales Accelerate

The US dollar rebounded against a basket of world currencies on Thursday, as retail sales rose faster than forecast in July, suggesting consumer spending...

Dollar Index Plunges as Yuan Selloff Intensifies

China's unexpected decision to devalue the yuan rattled the currency markets again on Wednesday, fueling concerns of further devaluation by the central bank. As a result, the...