Tag: US Dollar

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...

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...
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Factors That Will Shape The Markets The Next Quarter

Factors That Will Shape The Markets The Next Quarter! Throughout the past several years, the market has been running with the bulls. However, there are...

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 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...

Dollar Rally Cut Short as Grexit Fears Intensify

The US dollar was back on the defensive on Wednesday, as Greece lashed out against creditors for rejecting its latest reforms, signalling that a...

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...

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...

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...

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...

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...

US GDP Growth Slows More than Forecast in Q1

The US economy slowed more than forecast at the start of the year, as a strong dollar hurt exports and corporate earnings, while personal...