Tag: US Dollar Index

US Dollar Continues Lower despite Yuan Devaluation

The US dollar traded higher against a basket of currencies Tuesday, as China unexpectedly devalued its currency amid the country's sharpest economic downturn since...

US Dollar Aims Higher as Nonfarm Payrolls Eclipse 200,000

The US dollar gained momentum on Friday, as another solid month of job creation gave the Federal Reserve the necessary scope it needs to...

US Dollar Remains Supported Despite Soft ADP Employment Report

The US dollar was at more than two-week highs against world currencies Wednesday, as expectations for a US rate increase outweighed weaker than expected...

Dollar Wilts as Oil Rallies from 6-Month Lows

The US dollar declined modestly on Tuesday, as oil prices rebounded from six-month lows and gold rallied above $1,190.00 an ounce, setting the stage...

EUR/USD Edges Lower following Data Deluge

The EUR/USD fell further below 1.1000 on Monday, but the dollar’s gains were limited following mixed economic data. The EUR/USD consolidated at 1.0953 in the New...

EUR/USD Surges as Eurozone Core Inflation Picks Up

The EUR/USD surged more than 150 pips on Friday, as Eurozone core inflation rose faster than forecast and unemployment held steady. The EUR/USD climbed to...

Dollar Index Pushes Forward as Q2 GDP Accelerates

The US dollar firmed against a basket of world currencies on Thursday, as consumer spending powered US economic growth in the second quarter despite...

Dollar Index Steady ahead of FOMC

The US dollar was little changed against a basket of world currencies Wednesday, as investors looked ahead to a policy announcement from the Federal Reserve later...

US Dollar Takes Flight amid Rout in Commodities Market

The US dollar rose against world currencies Friday, as gold plunged to new five-year lows after PMI data from China and the Eurozone raised...

US Dollar Well Supported as Commodities Plunge

The US dollar was well supported against a basket of currencies Tuesday following a rout in the commodities market that sent crude oil prices...
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EUR/USD Holds Ground as Greece Begins Debt Repayment

The EUR/USD gained modestly in Monday’s European session, as Greece began repaying its debt to the International Monetary Fund and European Central Bank, while...

Dollar Index on Pace for Biggest Weekly Gain since May as...

The US dollar index has gained 1.7% over the past four days and is pacing for its biggest weekly gain since May, as investors...

US Dollar Eases Off Highs ahead of FOMC Minutes

The US dollar declined against world currencies on Wednesday, as investors shifted their attention to the minutes of the June Federal Open Market Committee...

GBP/USD Crumbles as US Dollar Poised for Breakout

The GBP/USD plunged by nearly 200 pips on Tuesday, as risk aversion sent the US dollar to its highest level since June 1. The GBP/USD...

US Dollar Loses Traction following Mixed NFP Report

The US dollar eased off monthly highs on Thursday following a mixed nonfarm payrolls report and a bigger than expected drop in factory orders. The...

US Dollar Rallies on Strong Data

The US dollar advanced against a basket of world currencies on Wednesday, as stronger than forecast economic data supported expectations for a solid economic...

US Dollar Little Changed as Greece Debt Optimism Fades

The US dollar was little changed on Thursday despite upbeat economic data, as negotiations between Greece and its Eurozone partners stalled just five days...

EUR/USD Declines Sharply as Greek Bailout Talks Intensify

The EUR/USD declined for a second consecutive day on Tuesday, as European stocks continued to surge amid growing optimism that Greece will come to...