Tag Archives: USD

The British Pound (GBP) declined against the U.S. Dollar (USD) on Thursday, after data showed a surge in the inflation rate in the United States. The GBP/USD pair maintained its downward trend for the third consecutive day, failing by about 0.17% to 1.4094. The Sterling rose earlier in the session …

The British Pound (GBP) rose against the U.S. Dollar (USD) and managed to finish Wednesday’s trading higher on the back of a the latter’s decline. The GBP/USD finished at 1.4173, higher for the day by about 0.11%, after closing on Tuesday at 1.4157. Markets are anticipating the release of May’s …

The U.S. Dollar (USD) rose on Wednesday against major peers, with markets anticipating the release of last month’s inflation data. The May reading of the Consumer Price Index (CPI) is due to be released tomorrow by the U.S. Bureau of Labor Statistics. The Dollar Index (DXY), which measures the greenback’s …

The U.S. Dollar (USD) rose on Thursday to its highest level in about three weeks, as positive economic data showed a drop in jobless claims, the biggest surge in private payrolls in about a year, and an improvement in the services and manufacturing sectors. Moreover, markets are anticipating tomorrow’s release …

The U.S. Dollar (USD) gave up most of its gained on Friday, which were supported by the positive economic data. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up for the day by less than 0.1% at 90.06. Early in …

The Euro (EUR) is showing a negative performance against the U.S. Dollar (USD), as the greenback is rising across the board on the back of higher Treasury bond yields and eased reflation fears. Recent remarks by the U.S. Federal Reserve officials suggested that the Fed will be able to limit …

The U.S. Dollar (USD) rose on Wednesday against international peers, supported by the dovish tone by Federal Reserve officials, which helped reduce reflation fears among investors. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up by 0.39% at 89.99. The …

The U.S. Dollar (USD) declined on Monday, beginning the week with a relatively weak performance, following a rebound by the end of the previous week. An improved investors’ sentiment across global markets on expectations for economic recovery helped riskier assets and currencies rise, which weighed down on the greenback. The …

The U.S. Dollar (USD) is rising on Friday, supported by positive economic data that showed an expansion in the output of the services and industrial sectors, registering fresh daily highs, after hitting its lowest level in roughly four months. However, the greenback is yet to recover all of its weekly …

The U.S. Dollar (USD) returned to the downward trend on Thursday, declining against most major currencies and erasing its short-lived gains following the release of the Federal Reserve April’s meeting minutes yesterday. Markets were relatively taken by surprise when the minutes showed that although members of the Federal Open Market …