Dollar — News Archive


US Dollar Ends Week Mixed

The US dollar ended the week mixed, rising against some currencies and falling against others, as Forex traders were trying to assess the damage the partial US government shutdown will cause to the economy.

China’s Growth Benefits Taiwan Dollar

The Taiwan dollar strengthened yesterday as signs of robust economic growth in China was helping Asian currencies, attracting investors to the region.

Loonie Struggles a Bit on US Government Troubles

Canadian dollar is struggling a bit right now, although the loonie has managed to log some small gains against the greenback. The impact of the US government shutdown is being felt by the Canadian dollar, which is sensitive to economic concerns in the United States.

Euro Pulls Back After Hitting 1.36 Against Dollar

Euro is pulling back today after reaching the 1.36 level against the US dollar. The 17-nation currency got a boost earlier, but has since settled back as more traders consider the situation.

Dollar Subdued, Has Potential for Relief

The US dollar remains subdued by the budget impasse, but may find a relief soon on signs that politicians become more willing to find a consensus as a government shutdown drags on. The currency slid versus the euro, gained on the Great Britain pound and moved sideways against the Japanese yen.

NZ Dollar Drops Despite Favorable Fundamentals

The New Zealand dollar dropped today on concerns that the US government shutdown will hamper global economy growth. The currency remained weak even though other fundamentals were highly supportive.

Japanese Yen Trades Mixed

Japanese yen is trading mixed today as concerns about what’s next for the United States takes center stage. News out of Japan is also affecting the Forex market, but mostly the focus is on the United States and the eurozone.

Euro Strengthens After Draghi Comments, Dollar Weakness

Euro is strengthening today, heading to levels not seen since earlier this year. Concerns about what’s next for the US dollar are supporting the euro, and the 17-nation currency is also getting help from a resolution to issues in Italy and a vote of confidence from ECB President Mario Draghi.

Dollar Weak After Employment Report

The US dollar weakened after the employment report came out worse than was expected, adding to concerns caused by the partial US government shutdown. It suggested that US economic growth was not stable even without politicians messing things up.

Aussie Suffers from Unexpectedly Poor Reports

The Australian dollar edged down today as surprisingly poor economic data reignited speculations about potential interest rate cut from the central bank as recovery does not look stable enough yet.