United States — News Archive


Dollar Sinks Against Most Currencies by Weekend

The US dollar sank against the majority of most-traded currencies by the end of the past trading week due to the overwhelmingly negative US employment report. The only major currency that was even weaker than the greenback turned out to be the Great Britain pound.

NFP Beyond Awful — Dollar Crashes

US non-farm payrolls released today were worse than abysmal, coming out weakest since 2010. Unsurprisingly, the US dollar crashed hard after the extremely negative data.

Dollar Index Edges Higher Following Friday’s Comments from Yellen

The US dollar continued to benefit from the outlook for monetary tightening from the Federal Reserve, rising against a basket of currencies during Monday’s trading. The greenback gained mostly on currencies of emerging markets, while its performance versus major currencies was far from stellar.

Dollar Ends Week Strong as Fed Hike Speculations Persist

The US dollar was strong this trading week thanks to the continuing speculations that the Federal Reserve is going to perform an interest rate hike in the near future, perhaps as soon as the next month.

Greenback Trades Lower as Dollar Index Falls

There’s a decent amount of downward pressure on the greenback right now, and the dollar index is falling. Greenback is trading lower against its major counterparts and is mostly lower against other currencies today.

Dollar Index Higher, But Gains Tempered by Sterling

The US dollar index is higher today, but the gains are tempered by a UK pound that is gaining ground. Rate hike expectations and better economic data continue to help the greenback in currency trading, even though the US currency is lower against the sterling today.

Dollar Index Higher on Fed Rate Hike Speculation

Speculation about the next Fed rate hike is sending the US dollar index higher, and supporting the greenback against its major counterparts. Dollar is higher against many of its counterparts as Forex traders look for a rate hike by the end of 2016.

US Dollar Ends Week Strong with Help from Fed Minutes

The US dollar ended the week strong against the majority of other most-traded currencies thanks to the minutes of the Federal Reserve policy meeting. The only currencies that have shown resilience against the greenback were the Great Britain pound and the New Zealand dollar.

Dollar Higher amid Summer Hike Talks

The US dollar traded higher against most of its major peers, though it was not able to beat all of them. Among the currencies that stood strong against the greenback was the euro, though currently EUR/USD is trying to move closer to the opening level.

Greenback Mostly Higher on Possibility of Fed Action

US dollar is mostly higher today, gaining ground against many of its counterparts as better than expected data prompts hopes of action from the Federal Reserve. Greenback is down against the pound, but gaining against other counterparts.