Federal Reserve — News Archive


Dollar Receives Support from Fed Policy Outlook & Economic Data

The US dollar gained against the basket of major currencies today (though fell versus the Japanese yen) amid speculations that the Federal Reserve is going to raise interest rates next week. Positive macroeconomic data also provided support to the US currency.

US Dollar Plummets As Anticipation Builds Up for Interest Rate Decision

The US dollar plummeted against the euro to reach its lowest level in four days as traders held their positions while they wait to see the outcome of the Federal Open Market Committee‘s meeting. The greenback also weakened versus the British pound today following a strong reading for UK consumer credit in December, which overshadowed worries about the future of the Brexit negotiations.

US Dollar Starts 2018 with Extreme Weakness

The US dollar started 2018 extremely week, extending the trend from 2017 and falling against all of its major rivals.

US Dollar Outlook: Events to Watch After Thanksgiving Week

The US dollar was not performing well lately, falling for three consecutive weeks against its most-traded peers. What the future holds for the greenback and what news, reports, and events may turn the tide in favor of the US currency?

US Dollar Moves Marginally Higher as Home Sales Improve More Than Expected in October

The US dollar moved marginally higher against the euro on Tuesday following the release of better than expected data for the housing market in the United States. However, investors’ anticipation for a speech that Federal Reserve Chairwoman Janet Yellen is scheduled to give tomorrow has kept the greenback’s gains dormant today.

US Dollar Struggles to Rise Against Euro Despite Strong Consumer Confidence

The US dollar traded within a tight range against the euro on Tuesday despite a strong reading for consumer confidence in the United States. The greenback struggled to move higher today as mixed data in the eurozone gave enough support for the shared currency to hold its ground.

US Retreats amid Political Troubles, Fed Chair Uncertainty

The US dollar retreated today following the last week’s rally. Political issues in the United States overshadowed Monday’s positive macroeconomic data, sending the US currency down.

Euro Crashes Against US Dollar as ECB Slashes QE Program by Half

The euro today crashed against the US dollar after the European Central Bank announced that it would cut its quantitative easing program by half to €30 billion in 2018. The ECB also left interest rates at their current levels with Mario Draghi, the ECB President, expressing concern over a number of financial issues facing the Eurozone including low inflation rates.

USD Stable, Gains vs. European Currencies amid Next Fed Chief Speculations

The US dollar was stable today against its most-traded rivals but gained on the European currencies, including the euro and the Great Britain pound. The greenback got support from rumors that the next leader of the Federal Reserve may be a hawk.

US Dollar Gains as Data Supports Outlook for Fed’s Hike

The US dollar rallied against a basket of major currencies today as positive economic data released in the United States over the trading session reinforced the case for an interest rate hike from the Federal Reserve.