In early European trading, the dollar was stable ahead of key inflation data, while the euro was moving as investors digested the results of the French parliamentary elections. The dollar is stable in anticipation of CPI data The dollar was steady at the start of a new week, having suffered a setback after surprisingly strong […]
The U.S. dollar lost ground in early trading in the European session on Wednesday after Federal Reserve Chairman Jerome Powell indicated progress in lowering inflation, while the euro rose ahead of the second round of early parliamentary elections in France. Dollar falls after Powell’s negative comments The dollar lost ground after comments made Tuesday by […]
The U.S. dollar was moving in early European trading on Tuesday, showing signs of recovering from recent losses, while the euro was losing ground ahead of the release of key inflation data. Dollar gets Trump’s backing; Powell ready to speak out The dollar index has risen as estimates of a second Donald Trump presidency have […]
During the first hours of the European session on Monday, the dollar lost value in anticipation of the employment report, while the euro rebounded after the first round of the French elections. Dollar loses ground ahead of payrolls release The dollar index has been affected mainly by the euro’s strength on Monday, as the single […]
The U.S. dollar rose on Wednesday, supported by the Federal Reserve’s comments, while falling consumer confidence weighed on the euro. Fed comments support the dollar The dollar received support during Tuesday’s session after Fed Governor Michelle Bowman said the Federal Reserve is likely to hold interest rates steady for some time in an attempt to contain high inflation, […]
The U.S. dollar rose on Tuesday, benefiting from weakness on Wall Street, although gains are limited ahead of the release of key inflation-related data later in the session. The dollar, a safe haven for investors Diminished confidence in the technology sector on Wall Street has helped the U.S. currency to rise on Tuesday, although gains […]
The U.S. dollar declined on Monday, consolidating after hitting a nearly eight-week high last week, while the euro rose even as German business sentiment weakened. Dollar reacts to PCE data Last week, the US currency received support after the release of better-than-expected PMI data, as the strength of the country’s economy could allow the Federal […]
The U.S. dollar rose on Thursday, while the pound fell ahead of the Bank of England’s latest meeting. Dollar rises after the holiday The U.S. currency rose on Thursday after traders returned to the market following the holiday. U.S. economic data brings initial jobless claims figures along with housing starts data later in the session, […]
The U.S. dollar stabilized on Wednesday after overnight losses, while sterling was able to advance after inflation in the U.K. returned to the Bank of England’s target number a span of almost three years. The dollar is stable The U.S. currency stabilized on Wednesday after showing weakness last session as retail sales rose slightly in […]
The U.S. dollar rose on Tuesday in anticipation of retail sales data along with speeches from the Federal Reserve, as traders look for signals to better gauge both the timing and pace of interest rate cuts. Dollar trades with signs of volatility The greenback has moved with signs of volatility over the past week, weighed […]
