Dollar — News Archive


US Dollar Weakens Against Japanese Yen as Investors’ Risk Appetite Declines

The US dollar today weakened against the Japanese yen as the markets became risk averse following a decline in US treasury yields. The US dollar is experiencing its worst performance this month as the USD/JPY currency pair declined to record lows as investors sold the greenback and bought the Japanese yen.

Australian Dollar Steady on Tuesday

The Australian dollar was little changed today even though domestic macroeconomic data released over the trading session was relatively decent and supportive to the currency.

US Dollar Declines Against Euro as Anticipation Grows for Yellen Speech

The US dollar weakened against the euro and the British pound on Monday, as investors speculated the future road of monetary policy in the United States. Comments from New York Federal Reserve President William Dudley on Friday offered a dovish position on future interest rate hikes ahead of a speech by Federal Reserve Chairwoman Janet Yellen today.

Aussie Starts Week Soft in Risk-Off Environment

The Australian dollar started the week soft, opening below the Friday’s close, as the risk-off sentiment continued to prevail on markets, driving investors away from riskier assets.

US Dollar Ends Week Strong as Markets Ignore NFP

US nonfarm payrolls should have been the major event this week, but in reality it turned out to be kind of a non-event as markets almost ignored the report, allowing the US dollar to end the week rather strong.

Canadian Dollar Gets Boost from Economic Indicators & Oil Prices

The Canadian dollar rallied against its major peers today thanks to solid macroeconomic data and the rally of crude oil prices.

US Dollar Unfazed by Abysmal Nonfarm Payrolls

US nonfarm payrolls released today were extremely disappointing with meager employment growth. The dollar tumbled immediately after the report, as one could expect, but the losses were very short-lived, surprisingly enough. Currently, the greenback trades rather strong.

Canadian Dollar Recovers from Early Losses Despite Negative Housing Data

The Canadian dollar rose against its US counterpart and the euro on Thursday, after recovering from the losses it had earlier today. The loonie appeared unaffected by fresh housing data that revealed a smaller value of building permits in February.

Australian Dollar Drops on Chinese Services PMI, Manages to Bounce

The Australian dollar slumped after today’s data showed that growth of China’s services sector slowed unexpectedly. Yet by now, the currency managed to rebound and is trading near the opening level currently.

US Dollar Climbs Following Positive ADP Employment Data

The US dollar moved higher against most of its main counterparts on Wednesday, following fresh data today that showed private sector employment surged in March. Employers in the United States hired more workers than expected, which overshadowed the effect of a disappointing reading for an index that tracks business environment.