Tag Archives: US dollar index

Gold prices, which rose on Friday as the dollar fell, are close to posting their worst quarterly drop since March last year, as central banks around the world stick to tight monetary policies. And gold rose in spot transactions on Friday 0.3 percent to $ 1665.99 an ounce by 1029 …

The gold price has started to find support and is back to trading near flat on the day at around $1,660.50, at the time of writing, efficiently escaping the earlier $1,641.57 low to the day’s high of $1,664.89. The US dollar continued to ease and spared its domination over rival …

The AUD/USD pair is advancing amid positive market sentiment. The Dollar Index has plummeted below 113.00 despite hawkish commentary from the Fed policymaker. The AUD/USD pair is witnessing a mark-up inventory accumulation phase after displaying a juggernaut rally to near 0.6530. The pair is expected to extend its recovery and …

Consumer sentiment in the United States has continued to improve throughout September, meanwhile, the US Dollar Index rebounded to the 114.205 area with the initial reaction to the data.With the initial reaction, the US Dollar Index extended its recovery and was last seen posting small daily losses at 114.02.Tuesday’s data …

Existing Home Sales in the United States have declined for the seventh successive month in August to a seasonally adjusted annual rate of 4.8 million.The National Association of Realtors reported on Thursday that “sales were down 0.4% and 19.9% on a monthly and yearly basis, respectively”. “The median existing-home sales …

The dollar climbed to near 20-year highs against other major currencies on Monday, ahead of a slew of central bank meetings, including a meeting of the US Federal Reserve that is likely to approve another big interest rate hike. Exchanges were generally thin, with markets in London and Tokyo closed …

The US Dollar Index has surged and managed to regain the uptrend after Fed Chairman Jerome Powell’s speech before Fed’s annual Jackson Hole Symposium, Friday morning, as the US central bank chair stressed that the monetary policymakers do not have the luxury to stop raising interest rates in the coming …

Pending Home Sales in the US sharply fell in June. The monthly data published by the National Association of Realtors showed on Wednesday that Pending Home Sales declined by 8.6% on a monthly basis in June following May’s growth of 0.4%. This reading came in much worse than the market …

The British pound extends its losses to two successive days, trading below the 1.2200 mark, after touching a daily 1.2300 high mark and even retreating towards the 1.2190s area in the US trading session. The GBP/USD pair is trading at 1.2189.Market sentiment shifted sour after the disappointing US Consumer Confidence …

The EUR/USD pair surged further during the US session and climbed to 1.0614, reaching the highest level in two weeks. The euro pulled back under 1.0600. It is holding onto daily gains, still unable to consolidate above 1.0600.Risk sentiment improvement weakened the US dollar. The Dollar Index is falling 0.25% …