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US Dollar Rises Against Euro on Higher Expectations That ECB Will Maintain Stimulus

The US dollar took a minor step away from the lowest level in three years against the euro following modest gains on Tuesday amid expectations that monetary stimulus in Europe will be maintained. The greenback also rose against the British pound as it largely ignored a report that revealed weaker manufacturing activity in the New York region.

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.

Dollar Ends Last Trading Week of 2017 on Weak Footing

The last trading week of the year was not good for the US dollar as the currency was falling against all of its rivals during holiday’s quiet trading, dropping more than 1% against most of them.

US Dollar Ends Week Vulnerable Even as US Congress Passes Tax Reform Bill

The US dollar ended the week soft versus the majority of its most-traded rivals even though the US Congress passed the long-awaited tax reform bill.

US Dollar Doesn’t Respond Well to Good News

Today’s fundamentals looked positive for the US dollar with good housing data and the Congress voting for the final version of the tax reform bill. Yet the greenback did not respond well to the news, falling against almost all of its major rivals, with the exception of the Japanese yen.

USD & EUR End Week Soft, AUD & NZD Strongest

The US dollar ended the week rather soft, though got a boost by the weekend. The euro was weak as well. Meanwhile, the Australian and New Zealand dollars were the winners on the Forex market during the past week.

EUR/USD Rallies Higher on US CPI Data Ahead of FOMC Decision

The EUR/USD currency pair today rallied to new highs during the early American session after the release of US CPI data by the Bureau of Labor Statistics. The currency pair had earlier dropped to new daily lows after an increase in US Treasury bond yields, which increased demand for the greenback.

US Dollar Strong During Week, Ends Trading Soft Due to NFP

The US dollar was strong during the past trading week thanks to the outlook for the US tax reform. The currency lost its upward momentum on Friday, though, following the release of nonfarm payrolls.

US Dollar Opens Sharply Higher as Markets Reopen

The US dollar opened sharply higher at the start of the trading session after markets got chance to react to the news that the US Senate passed the tax reform bill.

US Dollar Outlook: Important Economic Data Can Be Overshadowed by Politics

This week should be fairly important for the US dollar. Several major economic reports will come out during the week, including nonfarm payrolls. But there is a high probability that politics will overshadow macroeconomic data.

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