Tag: US Dollar
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...
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...
“Black Monday”: Oil Prices Plummet amid Massive Sell-Off in Chinese Equities
Oil prices plunged on Monday to their lowest level in more than six years after a broad equities sell-off in China fuelled fresh concerns...
US Dollar Plunges as Global Markets Retreat
The US dollar plunged to nearly two-month lows on Friday, as global stock markets continued to retreat after disappointing Chinese PMI data heightened worries...
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...
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...
USD/JPY Rises as BOJ Inflation Expectations Flatline
The USD/JPY enjoyed upward momentum on Monday, as the Bank of Japan acknowledged that inflationary pressures are expected to remain tame due to the...
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...
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...
