Tag Archives: us dollar

The dollar index fell by -0.50% on Monday back from a 1-1/2 month high and posted moderate losses. Lower Treasury yields weighed on the dollar. Meanwhile, the Wall Street rally was a significant factor that reduced the liquidity demand for the dollar. US economic news was mixed for the dollar. …

The dollar settled near its highest level in seven weeks on Monday, after a batch of US economic data supported expectations that the Federal Reserve should continue raising interest rates for a longer period. Data on Friday showed a sharp rise in US consumer spending in January as inflation accelerated. …

The dollar settled below a multi-week high against other major currencies on Thursday, a day after it received support from the latest Federal Reserve minutes that did not change the market’s expectations that the US central bank will raise interest rates further. The euro settled at $ 1.0606, slightly above …

Economists and analysts see that the US dollar is trading narrowly mixed. They also believe that a hawkish tone in FOMC Minutes could push the dollar higher. There are no major data releases scheduled for US session on Wednesday. However, the Fed releases the Feb 1 FOMC minutes. The chances …

The dollar and the pound sterling found support on Wednesday after a sudden revival in corporate activity in the United States and Britain raised the possibility that both countries’ central banks would continue to raise interest rates. The euro compensated for some of the losses recorded in the last session, …

The dollar hovered at the highest level in six weeks ahead of the announcement of economic data that may help determine the direction of interest rates in the future, while the euro fell ahead of the announcement of monthly data on corporate activity. Strong data for the US labor market …

The dollar rose on Monday, supported by a string of strong economic data from the United States that traders bet will cause the Federal Reserve to continue tightening monetary policy for longer than initially expected. The dollar rose broadly in early Asian trade, with the pound sterling falling 0.12 percent …

The US dollar achieved strong gains in the last trading week, driven by a series of strong US economic data, with the markets increasing expectations that the US Federal Reserve will continue its tightening approach. Dollar trades now Looking at the dollar’s trading on Friday, we note that the US …

The dollar rose as US Treasury yields rose on Friday, heading for a third week of gains, as a wave of strong economic data in the United States increased market expectations that a new interest rate hike is on the horizon. Thursday’s data showed an unexpected drop in the number …

The USD/CHF pair is neutral-downward biased from a daily chart perspective. In the short term, the USD/CHF might fall to the bottom of the range, below 0.9200.The dollar continued to strengthen versus the Swiss franc on Wednesday, bolstered by US economic data that supported speculations for further aggression by the …