Tag Archives: USD

The U.S. Dollar (USD) is on a downwards trend ahead of the release of the Federal Reserve policy statement, as the Federal Open Market Committee (FOMC) meeting concludes. The Dollar Index (DXY) that measures the greenback against a basket of six major international currencies remains in the positive territory but …

The data published by the US Census Bureau revealed on Wednesday that the international trade deficit increased by $3 billion in June to $91.2 billion from $88.2 billion in May.

The U.S. Dollar (USD) continues to fluctuate after logging another loss against major peers on Tuesday, as risk appetite took a blow from concerns over the coronavirus Delta variant and losses across stock markets. The greenback declined on Tuesday, for the second consecutive session, with the Dollar Index (DXY) falling …

The Canadian Dollar (CAD) is showing a mixed but mostly negative performance against the U.S. Dollar (USD) on Friday after data showed a better than expected slump in Canadian retail sales. In addition, with improving daily performance by oil futures, the Canadian is gaining relative support as a commodity currency …

The U.S. Dollar (USD) is trading higher on Friday, maintaining a mostly positive performance against other currencies, in the absence of major economic data in the United States, other than the IHS Markit PMI. The flash U.S. Composite Output Index declined to 59.7 in July, down from 63.7 in June, …

The US dollar is on course to close the week slightly higher after a few days of volatility when it was hit by a shift in risk appetite, with the market now focused on the US Federal Reserve meeting next week. The dollar index rose 0.2% during the week and …

The U.S. Dollar (USD) rose on Thursday after data showed an increase in jobless claims in the United States. Last week’s data showed that the labor market is yet to recover and restore its pre-pandemic strength, which reflected negatively on investors’ risk appetite. The Dollar Index (DXY), which measures the …

The U.S. Dollar (USD) declined on Wednesday, dropping across the board, amid an improvement in the risk appetite among investors. The Dollar Index (DXY) that measures the greenback against a basket of six major international currencies is down by 0.24% at 92.75, after fluctuating throughout the day between 92.726 and …

The U.S. Dollar (USD) rose on Thursday, supported by the drop in weekly jobless claims and the testimony of the Federal Reserve Chair before Congress, in which expressed the central bank’s patience in dealing with the rising inflation. Unemployment benefits data showed that the labor market continues to show recovery …

The Index of the NY Fed’s Empire State Manufacturing Survey improved sharply to 43 from 17.4 in June. This reading fell short of the market expectation of 18 by a wide margin.