Tag Archives: USD

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 …

Oil prices fell on Wednesday, August 19, due to fears that fuel demand in the United States may not recover as quickly as expected in light of the faltering talks on a stimulus package for the economy, overshadowing an exceeded expectations decline in US crude stocks. With investors keeping their …

The U.S. Dollar (USD) is maintaining its downward trend on Monday, despite an increase in housing starts. Recent data suggests that the real estate sector in the United States is recovering amid a decline in interest rates. The Dollar index (DXY), which measures the USD performance against a basket of …

The US dollar fell against a basket of major currencies for the fifth consecutive trading session Tuesday, August 18th, approaching its lowest level in two years under pressure from low bond yields and gloomy economic data in the US. The dollar has registered gains over the years, but the Coronavirus …

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%, …

The US NY Empire State Manufacturing Index fell more than expected in August. It came at 3.7, declined from 17.2 in July and fell short of 15.0 expected. New orders -1.7 vs +13.9 last month, little changed. Employment jumped higher to +2.4 vs +0.4 last month. Shipments +6.7 vs +18.5 …

The dollar fell to its lowest level in a week against a basket of currencies on Thursday, August 13th, while analysts pointed out that the reasons for the weakness lie in the solid performance of the stock market and the failure of additional stimulus to the US economy. After losing …

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 …

The yellow metal was dominant last week, as it recorded a rise of more than 3% or $ 61 to reach $ 2028 an ounce. The rise in gold came after increasing tensions between the United States and China besides the increase in Covid-19 cases, especially in the US. Oil …

The US dollar index, which measures the greenback’s against a group of major currencies, remains on the buying bias unchanged around 93.00 on Friday, and the index retreated from its daily gains to 93.30 and drops to test the 93.00 area as it lacked momentum after the US NFP report. …