Tag: US Dollar
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...
US Dollar Weekly Outlook (Apr 27 – May 1)
The US dollar weakened last week, losing ground against a basket of trade-weighted peers amid rising oil prices and US equities. The US dollar...
US Dollar Propped Up By Greece Default Fears
The US dollar climbed against a basket of currencies on Monday, while the euro declined across the board as the markets grew jittery ahead...
US Dollar Index Resumes Descent
The US dollar was back on its heels on Thursday, declining against a basket of trade-weighted peers following disappointing housing data.
The US dollar index,...
Dollar Index Steady Following Data Deluge
The US dollar was little changed against a basket of currencies on Wednesday, as investors digested a mixed bag of economic data that continued...
USD Weekly Outlook: 13-19 April, 2015
US and international data will influence the direction of the US dollar this week, as investors weigh the latest Fed-speak against the most recent...
US Dollar Index Cools on Disappointing Economic Data
The US dollar was back on its heels on Wednesday, declining against a basket of trade-weighted currencies following unexpected weakness in employment, construction spending...
US Dollar Rallies Following FOMC Minutes
The US dollar was back in the driver’s seat on Thursday, with the EUR/USD declining sharply following news that Greece made a crucial loan...
USD Weekly Outlook: April 6 – 10
The US dollar declined nearly 1% against a trade-weighted basket of currencies on Friday, as the economy added just 126,000 jobs in March, the...
US Dollar Falls Further Behind as Durable Goods Orders Tumble
The US dollar continued to edge lower on Wednesday, as durable goods orders declined unexpectedly in February, adding further evidence the economy was slowing amid global...
US Dollar Little Changed Following Stronger CPI
The US dollar was little changed against a basket of trade-weighted currencies on Tuesday, as stronger than forecast consumer price inflation failed to generate...
US Dollar Index Pacing for Biggest Weekly Drop Since 2011
The US dollar weakened on Friday and is pacing for its biggest weekly decline since 2011, as the currency markets continued to oscillate following...
USD: Weekly Outlook (Mar. 23 – 27)
The US dollar suffered its worst week since 2011, as the Federal Reserve issued a cautious rate statement and summary of economic projections, casting...
US Dollar Back on Its Feet After Broad Selloff
The dollar’s bullish uptrend resumed on Thursday, as the markets continued to absorb the Federal Reserve’s latest rate statement opening the door to a...
EUR/USD Gains Traction as Eurozone Recovery Accelerates
The euro advanced for a second consecutive day against its US counterpart on Tuesday, as German investor confidence reached a 13-month high in March,...
GBP/USD Weekly Outlook
The GBP/USD plunged to more than four-and-a-half year lows last Friday, as monetary policy speculation outweighed disappointing US economic data and lifted the dollar...