United States — News Archive


Mexican Peso Climbs vs. Dollar amid US Uncertainty

The Mexican peso climbed against the US dollar even though the same uncertainties about US international relations that plague the greenback should have been detrimental for Mexico’s currency as well.

US Dollar Edges Lower Against Euro as Traders Remain Reluctant

The US dollar edged slightly lower against the euro on Wednesday, as a sentiment of reluctance remained dominant between currency traders. Continued uncertainty towards the economic plans of US President Donald Trump prevented the nation’s currency from maintaining its recent rally.

US Dollar Falls on Concerns Towards Trump’s Administration

The US dollar dropped against its major peers on Monday, the first trading day since Donald Trump’s inauguration last Friday, as traders remained uncertain towards the president’s economic plans. The greenback’s drop opened a window for the British pound to reach its strongest level in a month.

US Dollar Remains Weak, Dollar Bulls Remain Optimistic

The US dollar remained relatively soft during the past trading week, but there are still plenty of dollar bulls who believe that the currency’s fall is just a correction in a long-term bullish trend.

US Dollar Heads Higher as Donald Trump Takes Office

The US dollar climbed against its major rivals on Friday to erase some of its losses earlier in the day, as investors anticipated Donald Trump’s presidential inauguration. The president-elect will give a speech during his inauguration, which could contain hints of his plans for the US economy.

US Dollar Rises on Strong Housing Starts and Jobless Claims Data

The US dollar climbed higher against its major peers on Thursday as data in the United States reflected a strong picture of the economic growth. The US currency had its biggest gains today against the euro after the European Central Bank maintained its monetary stimulus.

US Dollar Edges Higher as CPI Data Reveals Stronger Inflation

The US dollar had a small recovery on Wednesday from its losses yesterday. The greenback attempted, with limited success, to find upward momentum, a day after President-elect Donald Trump said the US currency is too strong.

US Dollar Drops as Donald Trump Says the Currency Is Too Strong

The US dollar experienced a sharp decline against its major peers on Tuesday, after US President-elect Donald Trump spoke against the strength of the nation’s currency. The British pound was the biggest gainer against the US dollar.

USD/CAD Struggles to Maintain Upward Momentum as US Markets Remain Closed

The USD/CAD currency pair struggled to maintain its upward momentum today even as US markets remain closed. The pair demonstrated mixed results similar to those of last week given that weakness in the US dollar typically strengthens the Canadian dollar.

US Dollar Recovers Briefly Boosted by Retail Sales Data for December

The release of positive retail sales data for the month of December boosted the performance of the US dollar against major currencies before the gains were erased. The US dollar rose briefly after the US Commerce Department released data regarding consumption during the month of December.