Federal Reserve — News Archive


Canadian Dollar Plummets Versus US Peer amid Growing Uncertainty About Trade Outlook

The Canadian dollar weakened against its US counterpart on Tuesday to touch the lowest level in more than a year after stop loss orders were triggered amid broadening losses for the loonie. The Canadian currency came under pressure in recent trading sessions as oil prices continued to fall and uncertainty surrounding the Canadian trade relationships with the United States increased.

US Dollar Climbs Against Japanese Yen on Higher Appetite for Risk

The US dollar rose against the Japanese yen on Tuesday to touch its highest level since March 21. The greenback became stronger against the yen as traders’ appetite for risk grew ahead of a Federal Reserve’s meeting that will decide the latest monetary policy move from the central bank.

First Week of May Should Be Important for US Dollar

The first week of May should be fairly important in determining the US dollar’s performance in the near future due to the policy meeting of the Federal Reserve and plenty of major economic reports, including nonfarm payrolls.

Dollar Logs Limited Rally

The US dollar rallied today, though the gains were limited as rising geopolitical tensions were not adding to the appeal of the currency, despite its role as a safe haven.

US Dollar Drops Against Euro as Housing Data Disappoints

The US dollar weakened against the euro and the British pound among other major currencies on Tuesday, as geopolitical developments around the globe continued to weigh on the US currency. Economic data in the United States failed to support the greenback today, as a new housing report painted a mixed picture of the real estate market.

US Dollar Edges Lower amid Thin Trading and Disappointing Retail Sales

The US dollar weakened against most of its major peers on Friday, as investors felt disappointed following the release of two economic reports that were expected to reveal stronger data. Trading was thin today as markets in the United States, Canada, the United Kingdom and Australia closed for the Good Friday holiday.

US Dollar Partly Recovers After Plummeting on Negative Comments from Trump

The US dollar rose against the euro and the British pound on Thursday, to erase some of the losses it had yesterday following remarks by President Donald Trump that the greenback is too strong. Trump had added that he believes the Federal Reserve should keep interest rates low, with the aim of avoiding further gains in the US dollar.

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.

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.

US Dollar Loses Earlier Gains Against Euro Ahead of Anticipated Economic Data

The US dollar lost earlier gains against the euro on Tuesday, ahead of a stream of economic releases occurring tomorrow that raised anticipation and reduced investors’ appetite for risk. The market also eyed the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping on Thursday, which might provide some hints on Trump’s international trade policies.