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Tag Archives: dollar

Dollar Hits Four-month Low

The US dollar reached its lowest level in four months, and the Chinese yuan regained some losses from the previous decline, as investors adopted a wait-and-see attitude regarding the outcome of the tensions between the two countries. The United States granted China until Friday to close its Houston consluate, on …

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US Dollar index Testing 96.60

The US dollar index, which tracks the strength of the greenback versus a basket of currencies, managed to recover from previous lows in the range of 96.40 / 35 recorded earlier. The index started the week on the negative side, although it managed to regain some momentum and returned to …

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Dollar Index Back to 96.30

After a short-term recovery to daily highs in 96.55 / 60 range, dollar fell to 96.30 area on US Dollar Index The demand for the safe-haven remained light for the second consecutive session, after the good sentiment in the market and investors turning to risky assets. Investors focus now on …

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