Tag Archives: USD

The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey rose to 17.4 in March from 12.5 in February, the NY Fed’s report revealed on Friday. This reading came in better than analysts’ estimate of 14.5.

The U.S. Dollar (USD) returned to the positive territory on Wednesday, after briefly declining following the release of inflation data. Data by the United States Bureau of Labor Statistics showed that the Core Consumer Price Index (CPI) in February declined to 1.3%, falling to meet market expectation of 1.4%. The …

The U.S. Dollar (USD) rose on Monday, reaching its highest level in three and a half months, supported by higher demand due to the increasing Treasury bond yields. The Dollar Index (DXY), which measures the USD’s performance against a basket of six major international currencies, is up by 0.35% at …

The U.S. Dollar (USD) rose on Friday supported by the increase in Treasury bond yields amid improved outlook for economic recovery, after data showed that the American economy added a higher than expected number of new jobs last month. The Dollar Index (DXY), which measures the greenback’s performance against a …

The U.S. Dollar (USD) rose on Thursday against safe-haven currencies, such as the Japanese Yen (JPY) and the Swiss Franc (CHF), supported by the increase in Treasury yields. The USD/JPY pair is up for the day by 0.57%, trading at 107.620. The pair has been moving today in a range …

The Canadian Dollar (CAD) rose against its U.S. counterpart despite the decline of crude oil prices, after data showed that Canada’s real Gross Domestic Product (GDP) expanded by 0.1% in December, which came below market expectations. Figures published by Statistics Canada showed on Tuesday that the November reading was revised …

The U.S. Dollar (USD) gave up all of the gains that it recorded earlier today during the European session and turned to the negative territory earlier in the American session as U.S. Treasury yields continued to decrease from its record levels. The Dollar Index (DXY), which measures the greenback’s performance …

The U.S. Dollar (USD) continued to rise on Friday, supported by positive economic data that signaled an improvement in consumer spending. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up for the day by 0.48% at 90.57. The index has …

The U.S. Dollar (USD) declined on Wednesday after fluctuations, amid a rise in Treasury yields, the market reacting to the approval of a new Coronavirus vaccine, as well as the testimony of the Federal Reserve Chair Jerome Powell in front of the House of Representatives. The Dollar Index (DXY), which …

The U.S. Dollar (USD) showed a mixed performance on Tuesday after data showed a rise in the housing price index and an improvement in consumer confidence. In addition, Federal Reserve Chair Jerome Powell told the Senate that economic recovery will take some time before achieving substantial progress towards policy goals …