United States — News Archive


US Dollar Ends Week Mixed in Face of Adverse Fundamentals

The US dollar ended the week mixed, but that was not a bad result considering that fundamentals were stacked up against the currency.

US Shrugs Off Impact of Disappointing Nonfarm Payrolls

The US dollar dipped after the released of worse-than-expected nonfarm payrolls but reversed its losses quickly, bouncing against the euro. The greenback also gained on some other most-traded rivals, though not all of them.

US Dollar Attempts to Rally, Fails to Keep Momentum

The US dollar attempted to rally during the Thursday’s trading session but failed to keep its gains and is trading below the opening level right now. It managed to fall even against the vulnerable euro.

US Dollar Climbs against Major Counterparts on Strong Economic Growth

The US dollar climbed against most of its major peers on Wednesday, as investors became more optimistic in the wake of strong economic data. Fresh reports showing firm economic growth in the second quarter and solid job gains this month sent an index that tracks the greenback to the highest level since Friday.

EUR/USD Hits New Two-Year Highs on Weak US Dollar

The EUR/USD currency pair today hit a 31-month high during the North American session after the release of disappointing US advance goods trade balance data. The currency pair’s rally started on Friday after Janet Yellen‘s and Mario Draghi‘s speeches at the Jackson Hole symposium, which triggered the euro’s rally against the greenback.

US Dollar Ends Week Vulnerable amid Political Concerns

The US dollar ended the week with significant losses versus the euro amid concerns about the turbulent political climate of the United States.

US Dollar Trades Sideways Against Euro on Positive Jobless Claims Data

The US dollar today traded sideways against the euro after the release of positive jobless claims data amid an empty European docket. The US dollar exhibited some strength against the single currency immediately after the release of the jobless claims data, but later gave up some of its gains to create a sideways trend.

USD/JPY Lower After Trump’s Comments, Japan’s Manufacturing PMI

US President Donald Trump riled markets by his comments yet again. The resulting bid for haven allowed the Japanese yen to gain on the US dollar and some other currencies, like the Great Britain pound. Japan’s macroeconomic data helped the Japanese currency as well.

US Dollar Gives up Early Gains as Political Woes Remain in Play

The US dollar rose against the euro and other major currencies on Thursday, even after giving up some of the gains it made earlier today. A smaller drop than expected in manufacturing activity in Philadelphia and a low number of jobless claims supported the greenback. However, rippling effects from the Federal Reserve’s meeting minutes and political developments in the United States limited the greenback’s gains today.

US Dollar Rallies Higher Against Peers on Positive Advance Retail Sales

The US dollar today rallied higher against its main peers including the British pound and the Japanese yen after the release of positive US advance retail sales data. The greenback’s rally was also supported by the positive New York Empire State Manufacturing Index, which also exceeded expectations.