Tag Archives: DXY

The U.S. Dollar (USD) steadied on Tuesday, fluctuating within a tight range in the absence of major market-moving updates ahead of the release of the Federal Reserve policy statement tomorrow. Investors are anticipating the outcomes of the Fed meeting looking for signals about the outlook for inflation and interest rates …

The U.S. Dollar (USD) declined on Thursday as the recent inflation data helped ease reflation fears, pushed down Treasury bond yields, and improved risk sentiment, which reflected positively on other currencies. Market are reacting to the passing of the $1.9 trillion relief bill by Congress, which is expected to soon …

The U.S. Dollar (USD) returned to the positive territory on Wednesday, after briefly declining following the release of inflation data. Data by the United States Bureau of Labor Statistics showed that the Core Consumer Price Index (CPI) in February declined to 1.3%, falling to meet market expectation of 1.4%. The …

The U.S. Dollar (USD) showed a mixed performance on Tuesday after data showed a rise in the housing price index and an improvement in consumer confidence. In addition, Federal Reserve Chair Jerome Powell told the Senate that economic recovery will take some time before achieving substantial progress towards policy goals …

The US Dollar (USD) is declining on Monday, opening the New Year with a negative performance amid increased risk sentiment among many investors. Hopes for new vaccines are seemingly exceeding worries from the rising number of cases in many countries, which is driving more investors towards riskier currencies. The Dollar …

The US Dollar (USD) is ending 2020 as its worst year since 2017, amid expectations that increased government stimulus and the easing policies of the United States Federal Reserve will further weaken the greenback in 2021. However, the USD is rising on Thursday supported by the decline in jobless claims. …

The US Dollar (USD) showed a positive performance against major currencies on Monday, opening the week with support from investors’ demand spurred by concerns about a new variant of the Coronavirus. The Dollar Index (DXY), which measures the greenback performance against a basket of six international currencies, is up by …

The US Dollar (USD) is rising against international peers on Friday after it was reported that a new stimulus package could not be in the making as previously expected. The Dollar Index (DXY) is up by 0.27% at 90.06. The index has been moving in the positive territory in a …

The US Dollar (USD) is showing some signs of recovery on Tuesday, after declining yesterday near its lowest level since 2018. The American currency is showing some fluctuations against major currencies but mostly moving in the positive direction as shown by the performance of the Dollar index (DXY). The DXY, …

After rising earlier in the day, the US Dollar (USD) is declining across the board of Wednesday. The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is down by 0.15% at 91.18. The index has been moving throughout the day in a …