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US Dollar Ends Week Mixed as NFP Muddles Fed Outlook

The US dollar ended the trading week mixed as the outlook for Federal Reserve’s monetary policy was clouded by surprisingly weak employment growth.

Dollar Bounces After Dropping on NFP

The US dollar recovered from earlier losses that followed disappointing non-farm payrolls. The bounce was a result of persisting speculations about the possibility of an interest rate hike this year.

Coming Rate Hike Sends US Dollar Higher

US dollar is gaining against all comers today, thanks to expectations that a rate hike is coming by the end of 2016. Between the latest clues in economic data and Janet Yellen’s speech in Jackson Hole last week, many expect to see at least one more rate increase from the Fed before the year closes out.

Dollar Ends Week with Gains, Supported by Yellen

The US dollar ended the week with gains against most major currencies (but not versus the Great Britain pound). The reason for the good performance was the outlook for monetary tightening, supported by comments from Fed Chair Janet Yellen.

Dollar Mixed as Traders Wait for Yellen & Jackson Hole Symposium

The US dollar was mixed today, rising against the euro (after the falling earlier), falling versus the Great Britain pound, and staying almost flat against the Japanese yen. The greenback also demonstrated mixed performance against commodity currencies.

US Dollar Mostly Rangebound Ahead of Jackson Hole

US dollar is mostly rangebound ahead of a meeting of central bankers later this week in Jackson Hole, Wyoming. Some expect Federal Reserve Chair Janet Yellen to express a readiness for an interest rate hike by the end of the year, and many are waiting to see what she says.

Week Ends with Losses for US Dollar as Policy Outlook Mixed

The US dollar continued to be driven mostly by monetary policy outlook during the past trading week. Unfortunately for the currency, the outlook was not particularly supportive, though it has changed a bit by the weekend.

Talks About Fed Tightening Buoy US Dollar

The US dollar bounced today, rising for the first day in six against the US dollar, as traders continued to speculate about prospects for an interest rate hike from the Federal Reserve.

Dollar Remains Vulnerable After Fed Minutes

The US dollar remained weak today, falling for the fifth straight day against the euro, as the minutes released by the Federal Reserve continued to weigh on the greenback.

US Dollar Gains on Revived Hopes of a 2016 Rate Hike

US dollar is heading higher today, gaining as hopes are revived for another rate hike by the end of the year. Inflation numbers weren’t as low as expected, and many Forex traders are looking for reasons to be positive about the greenback.

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