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US Dollar Falls vs. Major Peers During Monday’s Trading

The US dollar fell against most of its major counterparts (though not against the very weak Great Britain pound) on Monday, though analysts kept the bullish outlook for the greenback over the longer term due to prospects for faster pace of interest rate hikes this year.

British Pound Rises Against US Dollar on Positive Economic Data in the UK

The British pound had some minor gains against the dollar on Wednesday, while remaining largely unchanged against the euro. The British currency benefited from fresh data that showed improving construction sector and higher consumer credit in the United Kingdom.

US Dollar Declines as Currency Traders Collect Profits

The US dollar moved marginally lower against its major peers on Friday, the last day of trading before the Christmas holiday season. A preference of collecting profits from the greenback’s rapid rise was shared by most traders amid thinning trading volumes today.

US Dollar Edges Lower Against Major Peers Following Rapid Gains

The US dollar on Thursday gave up some of the gains it achieved after the Federal Reserve’s decision to raise interest rates, as the currency struggled to keep moving higher ahead of the Christmas holiday. The greenback moved lower against most of its major peers today.

US Dollar’s Advance Eases Ahead of Christmas Holiday

The US dollar edged lower against its major peers on Wednesday to give up some of the gains it made since Donald Trump’s win in the US presidential election. Trading volumes thinned as currency traders reduced their positions prior the Christmas holiday.

British Pound Drops as UK Politicians Disagree on Brexit Plans

The British pound moved lower against the US dollar and the euro on Tuesday, as Scotland’s First Minister Nicola Sturgeon and UK Prime Minister Theresa May disputed over the future of the UK in the European Union.

USD/JPY Struggles to Maintain Upward Momentum As The US Dollar Remains Bullish

The USD/JPY tested new lows as the currency pair lost ground following a drop in the US 10-year bond yields. The US dollar remains strong against other major currencies such as the euro, the Canadian dollar, and the Great Britain pound.

Dollar Strong After Fed Week

Federal Reserve monetary policy announcement was the most important event this week (though several other central banks made their policy decisions as well). While an interest rate hike was expected, the actual event still managed to surprise markets, sending the US dollar higher against its most-traded counterparts.

Australian Dollar Declines Against Major Peers After US Fed Decision

The Australian dollar declined against most of its major peers on Friday as investors weighed the effect of the higher interest rates in the United States following an update to monetary policy from the Federal Reserve on Wednesday.

Euro Loses Ground Against Major Currencies After Fed Interest Rate Hike

The euro has significantly weakened against the US dollar during today’s session following yesterday’s interest rate hike by the Fed. The euro also started the day by gaining ground against the Japanese Yen and the pound sterling as it hit major highs and lows before settling to trade at moderate price levels.

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