Tag Archives: US dollar index

Pending Home Sales in the US declined by 4% on a monthly basis in November, the data published by the National Association of Realtors showed on Wednesday. This reading followed October’s decrease of 4.6% and came in much worse than the market expectation for an increase of 0.6%.Following this data, …

International trade deficit of the US declined by $15.5 billion in October while the US Dollar Index is hovering around 104.22 after the data, showing no immediate reaction to this report. The data published by the US Census Bureau revealed on Tuesday that the US international rate deficit declined by …

The price of the dollar stabilized on Tuesday after rising the previous day, as investors flock to the safe-haven currency in light of fears of an increase in Corona infections in China, while the Bitcoin currency is under pressure after fears related to the repercussions of the collapse of the …

The US dollar rose strongly against major currencies on Monday, November 21, at a time when the Chinese yuan fell as sentiment deteriorated due to the rise in coronavirus infections and the tightening of restrictions in some cities in the second largest economy in the world. The Chinese capital, Beijing, …

The US Dollar index trades within a tight range near 106.80 on Friday as US bond yields reverse direction and now slip back to the red territory.The US dollar exchanges gains with losses in the 106.70 region when gauged by the USD Index amid the generalized lack of direction in …

On Tuesday, Federal Reserve Bank of Philadelphia President Patrick Harker said “My best guess is we will remove about $2.5 trillion from the balance sheet overall but data will guide us,”.“We want to reduce the balance sheet methodically until we start to see where we need to stop,” Parker added …

The US Dollar Index reclaims the area above the 107.00 mark on Monday. US yields tread water amid general absence of direction. The USD Index keeps unchanged following the opening bell in Wall Street. The Index looks supported around 106.30The index regains some poise after the sharp decline seen in …

Consumer confidence in the US deteriorated in October. The US Dollar Index trades deep in negative territory below 111.00. the Dollar Index reading at the time of writing is 110.84. The data published by the Conference Board showed on Tuesday that the Consumer Confidence Index declined to 102.5 in October …

Gold prices fell on Tuesday as the dollar stabilized, but expectations that the Federal Reserve would slow the pace of interest rate hikes limited the precious metal’s losses. Spot gold fell 0.5% to $1,640.62 an ounce by 1238 GMT, while US gold futures fell 0.6 percent to $1,644.70. The dollar …

Gold prices rose on Thursday due to a slight decline in the dollar, although higher Treasury yields and the prospect of further interest rate hikes by the Federal Reserve capped gains. By 0909 GMT, spot gold rose 0.2 percent to $1,631.54 an ounce. US gold futures rose 0.1 percent to …