Tag: US Dollar Index

USD/JPY Edges Lower as BOJ Maintains Upbeat View of Economy

The USD/JPY pared gains on Friday after climbing above 1.2300 in intraday trade, as the Bank of Japan maintained its massive stimulus program and...

Post-FOMC Selloff Continues for US Dollar

  The US dollar declined for a second consecutive day on Thursday as mixed economic data failed to support a bigger rally following the Federal...

Dollar Rallies on Retail Sales

The US dollar rallied for the first time this week, climbing against a basket of currencies following an upbeat retail sales report showing improving...

EUR/USD Rallies 100 Pips

The EUR/USD rebounded sharply at the start of the week, gaining more than 100 pips following upbeat German data and bearish comments by US...

US Dollar Index Treks Higher Following NFP Report

The US dollar advanced briskly on Friday, as non-farm payrolls rose more than forecast in May, easing concerns about a broader economic slowdown in...

EUR/USD Resumes Uptrend as Bailout Hopes Rise

The EUR/USD continued to soar on Wednesday, as the European Central Bank held interest rates at 0.05% amid growing optimism that a new Greece...

GDP Revision Weighs on US Dollar

The US dollar was mildly weaker on Friday following a government revision of first quarter GDP showing the US economy contracted at the start...

US Dollar Weekly Outlook (June 1-5)

The US dollar index rallied last week, climbing nearly 2% to 97.00. Dollar pairs could face significant price action this week, as a barrage...

GBP/USD Edges Lower as Dollar Rally Continues

The GBP/USD edged lower on Thursday, falling for a fourth consecutive day as the US dollar continued to rally ahead of Friday’s GDP revision. The...

US Dollar Index Surges as Business Investment Plans Appreciate

  The US dollar surged on Tuesday, picking up where it left off last week as investors responded to mixed economic data. The trade-weighted US dollar...

US Dollar Weekly Outlook (May 25 – 29)

The US dollar advanced on Monday, as the US markets paused to observe Memorial Day. Price action was  tame in Europe, where Germany, France,...

US Dollar Backtracks as FOMC, Data Weigh

The US dollar was back on its heels Thursday, as the Federal Reserve indicated that interest rates are unlikely to rise in June, while...

GBP/USD Plunges as Inflation Turns Negative

The GBP/USD plunged around 200 pips on Tuesday, as UK inflation entered negative territory for the first time on record, supporting expectations for a...

EUR/USD Rises to Higher Ground

The EUR/USD climbed to higher ground on Thursday, advancing for a fourth consecutive day amid broad US dollar weakness. The EUR/USD climbed to a session...

USD Weekly Outlook (May 4-8)

The US dollar continued to backslide last week, falling nearly 2% against a basket of currencies as weak economic data kept demand for the...

EUR/USD Hits 2-Month Highs

The EUR/USD surged 150 pips on Wednesday, climbing to its highest level in two months after the US government said the economy barely expanded...

US Dollar Continues to Weaken ahead of Fed

The US dollar continued to backtrack on Tuesday, as the euro and British pound rose to new highs as the United States Federal Reserve...

US Dollar Index Rebounds as Greek Debt Crisis Worsens

The US dollar rallied on Monday, although gains were limited ahead of a deluge of economic data, as the markets absorbed the growing possibility...