The U.S. dollar retreated on Wednesday after hitting a four-week high in overnight trading ahead of the conclusion of the Federal Reserve’s latest monetary policy meeting. Dollar on watch ahead of Federal Reserve meeting The dollar has lost ground from its recent highs, although the U.S. currency has been in high demand following Friday’s better-than-expected […]
The U.S. dollar retreated on Tuesday from a one-month high as yields fell ahead of key inflation data and the latest Federal Reserve meeting. Dollar retreats ahead of CPI and Fed meeting The dollar was buoyed by Friday’s better-than-expected jobs report and rising Treasury yields as traders lowered estimates for rate cuts by the Federal […]
The euro fell on Monday, hitting one-month lows due to increased political instability and uncertainty in the region, while the U.S. dollar awaits the Federal Reserve’s meeting later this week. Euro plummets on political instability Following the results of the European Parliament elections, which ended on Sunday, the euro fell as Euroskeptic nationalists made the […]
The U.S. dollar rose in the early hours of Wednesday’s European session, bouncing from two-month lows in anticipation of further signals about future economic policy. Dollar strength likely to continue The dollar has risen by more than 3% this year, largely because the economy has been strong and inflation has kept interest rates on hold […]
In the early hours of Tuesday’s European session, the U.S. dollar was advancing, showing signs of recovery after sharp losses overnight, while the euro was losing ground after weak German jobs data. JOLT data in focus The dollar stabilized on Tuesday, recovering from sharp losses at the start of the week, driven by data showing […]
In the early hours of Wednesday’s European session, the US dollar moved strongly in anticipation of key inflation data, taking advantage of growing expectations that the Federal Reserve will delay interest rate cuts until the end of the year. The dollar benefited from rising yields The dollar remains in a narrow range as traders cautiously […]
Most currencies in Europe and Asia were flat on Monday, while the dollar was unchanged in thin trading, awaiting more interest rate signals from the US ahead of key inflation data this week. Public holidays in the US and the UK limited market trading volumes. Similarly, most regional currencies experienced losses the previous week, after a series […]
On Monday, the US dollar started the week steady, amid anticipation of upcoming changes to US interest rates. Dollar steady in anticipation of Fed minutes and new speakers Last week, the slowdown in US inflation influenced the dollar by increasing the likelihood of a Federal Reserve interest rate cut this year. However, the dollar recovered somewhat after […]
The US dollar is steady on Thursday after hitting multi-week lows in the wake of a weak US inflation report, which again put the focus back on the Fed’s rate cuts. Dollar on downtrend after key inflation data The dollar continued to slide after the latest US inflation data prompted expectations that the Federal Reserve would likely make two interest rate cuts this year, […]
The US dollar remained unchanged on Tuesday, awaiting the release of key inflation data that will likely influence future interest rate decisions. Dollar unchanged in anticipation of inflation data The dollar, along with the currency market, has started the week quietly, awaiting the latest data on US inflation, which is likely to determine near-term sentiment […]
