Tag Archives: USD

The U.S. Dollar (USD) switched to losses on Wednesday, after rising earlier in the session against its peers, after the Bank of Canada (BoC) signaled a sooner than previously expected rate hike. Although the BoC held its key rate unchanged at 0.25%, it now expects to raise interest rates by …

The U.S. Dollar (USD) continued to decline on Monday, starting the week in a downward trend as the risk appetite among investors continue to improve. The Dollar Index (DXY) that measures the greenback against six currencies is down by 0.43% at 91.16. Earlier today, the index fell as low as …

The U.S. Dollar (USD) turned to the negative side on Tuesday, following the release of the consumer price index (CPI) March reading. The CPI increased by more than expected last month, rising by 0.6% on a monthly basis and by 2.6% on an annual level. A surge in gasoline prices …

The GBP/USD pair gained more than 50 points and rose from two-month lows to reach new highs in the 1.3720-25 areat the start of the European session. The weaker tone surrounding the US Treasury yields limited the strong gains for the US dollar, which helped the GBP/USD pair to bounce …

The U.S. Dollar (USD) declined on Thursday to near its lowest level in about two weeks, as the market digests the minutes of the Federal Reserve March meeting, which was published yesterday. The Dollar Index (DXY) is down by 0.34% for the day at 92.14, after touching a daily low …

The U.S. Dollar (USD) rebounded on Wednesday, following the release of the latest Federal Reserve meeting minutes, as Treasury bond yields rose. This led the greenback to recover from its lowest level in about two weeks and achieve daily gains. The Dollar Index (DXY), which measures the greenback’s performance against …

The U.S. Dollar (USD) continued to decline on Tuesday since the beginning of today’s American session, after registering some gains and fluctuations during the Asian and European trading hours. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is down by 0.21% …

The U.S. Dollar (USD) declined on Monday against its major rivals, as positive economic data encouraged risk appetite and reduced demand for safe havens. Accordingly, the greenback turned to the negative side in favor of riskier assets. The Dollar Index (DXY), which measures the USD’s performance against a basket of …

Strong jobs data and the subsequent decline in unemployment in the United States led to a rise in the U.S. Dollar (USD) and Treasury yields on Friday. The benchmark 10-year U.S. Treasury bond yield rose by about 3.5 basis points to 1.714%, but remained below its highest level in 14 …

The U.S. Dollar (USD) is showing a fluctuating performance on Friday, which is an official holiday for markets in the United States as it coincides with Good Friday. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up by 0.09% at …