Matteo Renzi — News Archive

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US Dollar Declines amid Unimpressive Economic Releases and Rising Global Woes

The US dollar weakened against the Japanese yen on Tuesday as traders grew more cautious due to increasing political uncertainty in Europe, which raised demand for assets perceived as safe havens. The greenback also declined against the euro and the British pound following the release of lackluster data in the United States.

US Dollar Remains Steady on Anticipation for ECB Policy Decision

The dollar remained little changed against the euro on Wednesday, as traders braced for a monetary policy decision from the European Central Bank on Thursday. The bank’s decision might bring increased quantitative easing to the European Union.

US Dollar Remains Stable Against Euro as Traders Brace for Upcoming Policy Meetings

The US dollar had a tight range of movement against the euro on Tuesday, as currency traders anticipated upcoming monetary policy meetings in major economies.

British Pound Falls as Euro Rebounds from Early Losses

The British pound retreated against the euro on Monday, after touching its highest level in 5 months versus the shared currency. The euro recovered from all of its earlier losses today, which it had recorded following a constitutional referendum in Italy.

US Dollar Reverses Gains Achieved Against Euro After Italy’s Referendum

The dollar experienced strong volatility on Monday as a major political event in Europe raised the anxiety of currency traders and forced the euro to be subjected to rapid movements against the US currency.

Euro Demonstrates Volatile Swings After Italian Referendum

The euro fell sharply after the Italian referendum resulted in rejection of proposed reforms and resignation of the country’s leader. Yet the currency bounced even more sharply after markets digested the news.

US Dollar Falls Against Major Peers Following Disappointing Jobs Data

The dollar declined against most of its major peers on Friday, following a new report that revealed average jobs gains in November. The US currency, which rose during the past 3 weeks, could be having a corrected movement after its rapid rally in the wake of Donald Trump’s presidency.

US Dollar Rises on Best US Growth Rates in Two Years

The dollar returned to gains against most of its major peers on Tuesday, as newly released data in the United States revealed that the growth rate of gross domestic product was stronger than previously expected during the third quarter.

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