United States — News Archive


US Dollar Mixed amid Barrage of News

The US dollar rose against the euro and the Swiss franc on Tuesday but was flat versus the Japanese yen and fell against other most-traded currencies. There were plenty of different factors contributing to the performance of the US currency.

US Dollar Soft as Traders Worry About Presidential Elections

The US dollar was soft today due to uncertainty associated with the US elections and presidential debates ahead of them. The greenback managed to stay flat against the Great Britain pound and the Swiss franc. Furthermore, the US currency advanced versus the Canadian dollar.

Dollar Ends Week Soft as Fed Stays Passive

The US dollar was hurt by the monetary policy decision of the Federal Reserve, ending the week relatively soft. Yet there were even weaker currencies — the Great Britain pound and the New Zealand dollar, which suffered from the monetary policy outlook.

Dollar Trades Little Lower on Monday

The US dollar traded with small losses on Monday ahead of the two-day policy meeting scheduled by the Federal Reserve this week. Speculations about possible actions of the US central bank remain an important factor for determining moves of the greenback.

Dollar Strong After Inflation Beats Expectations

The US dollar was strong against its major rivals today as the inflation reading beat expectations, adding fuel to speculations about eventual interest rate hike from the Federal Reserve.

Dollar Rebounds After Monday’s Decline

The US dollar climbed against the vast majority of its most-traded peers (with the exception of the surprisingly strong euro) following yesterday’s drop caused by comments from US policy makers.

Dollar Goes Lower After Brainard Speaks

The US dollar was weak across the board after the speech from Governor Lael Brainard as well as speeches of the members of the Federal Reserve.

Greenback Trades Mixed Ahead of Brainard Speech

Later today, Lael Brainard, one of the policymakers at the Federal Reserve, is expected to make remarks. As a result of speculation over what he might say, the US dollar is trading mixed today.

US Dollar Drops on Fading Rate Hike Expectations

Once again, the US dollar’s performance is being tied to rate hike speculation. With concerns about what the ISM non-manufacturing composite will show, the greenback is heading lower as rate hike expectations fade. The dollar index is dropping as traders and analysts re-think speculation about when to expect the Federal Reserve to take action again.

US Dollar Ends Week Mixed as NFP Muddles Fed Outlook

The US dollar ended the trading week mixed as the outlook for Federal Reserve’s monetary policy was clouded by surprisingly weak employment growth.