The US Dollar (USD) is maintaining its upward trend against major currencies on Tuesday, amid uncertainty regarding the state of the COVID-19 pandemic. The Dollar index (DXY), which measures the performance of the USD against a basket of six major international currencies, is up for the day by 0.34% at …
Read More »Dollar Opens Week with Strong Gains
The US Dollar (USD) is showing a strong performance against major currencies on Monday. The Dollar index (DXY), which measures the USD performance against a basket of six international currencies, is up for the day by 0.85% at 93.72 points. The index has been moving between 92.75 and 93.78, mostly …
Read More »DXY Down Hovering Above 93
The US Dollar (USD) is declining on Thursday, one day after the release of the latest Federal Reserve policy statement. The Dollar index (DXY), which measures the performance of the USD against a basket of six major international currencies, is down by 0.13% for the day at 93.10. The index …
Read More »DXY Fluctuating in Downward Trend
The US Dollar (USD) is showing a mostly negative performance on Friday, after the release of the CPI data. The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is marginally down by 0.02% at 93.32, after closing Thursday at 93.34. The index …
Read More »DXY Maintains Rising Trend
The Dollar Index (DXY) is maintaining its recent rising trend on Monday, with the US Dollar (USD) showing a strong performance across the board. The DXY, which measures the performance of the USD against a basket of six major international currencies, is up by 0.25% for the day at 92.95, …
Read More »Dollar Extends Gains After Manufacturing Data
The dollar extended gains made last night after positive US manufacturing data, while the Australian dollar took a hit when gross domestic product data on Wednesday confirmed that the country was experiencing a recession for the first time in three decades. Manufacturing activity in the US increased more than expected …
Read More »DXY to Finish on Marginal Gains
The Dollar Index (DXY) that measures that performance of the US Dollar (USD) against a basket of six major currencies. The DXY is up by 0.08% for the day at 93.33, after closing last week at 93.25. The index’s daily range has been between 92.84 and 93.34. In the absence …
Read More »Dollar Rises Ahead of FOMC Meeting Minutes
The US Dollar (USD) is reversing its recent losses and showing a positive performance on Wednesday, ahead of the release of the Federal Reserve meeting minutes later today. The Dollar index (DXY), which measures the USD performance against a basket of six major currencies, is up by around 0.50% at …
Read More »DXY Keeps the Downward Trend
The U.S. Dollar (USD) is maintaining its losses on Monday, as the Dollar index (DXY), which measures the performance of the USD against a basket of six major currencies, is close to finishing down by 0.30% at 92.81. The USD biggest losses are against the Australian Dollar (AUD) with 0.55%, …
Read More »DXY Closes Another Day in Losses
The Dollar Index (DXY), which measures the performance of the U.S. Dollar (USD) against a basket of six major currencies, continued its downward trend on Wednesday. DXY settled lower by 0.21% at 93.43, after moving throughout the day between 93.27 and 9.91 and closing Tuesday at 93.63. The absence of …
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