The U.S. Dollar (USD) is showing a mixed performance on Monday, amid increased demand for safe-havens, in light of concerns about a troubled hedge fund. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up by 0.05% at 92.81. The index …
Read More »USD Steadies Near Highest Level in Four Months
The U.S. Dollar (USD) maintained some of its gains on Friday, despite the rise of the Euro and the Sterling Pound, supported by positive expectations for economic recovery in the United States. Large gains against the Japanese Yen (JPY) and the Australian Dollar (AUD) balanced off losses against the Euro …
Read More »GBP/USD Rebounds Following Five Declines in Row
The British Pound (GBP) is rising on Thursday, supported by a positive sentiment as the United Kingdom (UK) and the European Union (EU) vowed to cooperate to reach a settlement to the current disagreements in a way that would facilitate cooperation in vaccine distribution and transportation. Despite a mostly positive …
Read More »USD Hits New Four-Month High
The U.S. Dollar (USD) rose on Thursday to its highest level in four months, supported by the high Treasury bond yields and positive economic data. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up by 0.27% at 92.78, after touching …
Read More »EUR Declines as USD Nears Highest Level in Four Months
The Euro (EUR) is showing a downward performance against the U.S. Dollar (USD) on Wednesday, with the later nearing its best level in about four months against rivals. The EUR/USD pair is trading lower for the day by 0.17% at 1.1829. The pair has been moving today in a range …
Read More »DXY Maintains Gains as Treasury Yields Continue to Rise
The U.S. Dollar (USD) continued an upward trend on Wednesday, supported by the rise in Treasury bond yields. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up by 0.15% at 92.48. The index has been fluctuating today in a range …
Read More »USD/CHF Declines as Franc Tops G10 Currencies
The U.S. Dollar (USD) is showing a negative performance against its major rivals on Monday, but its biggest decline is against the Swiss Franc (CHF), which is the best performer of the day among the G10 currencies. The USD/CHF pair nearing its lowest level of last week. The pair, which …
Read More »Euro Rebounds as USD Declines Across the Board
The Euro (EUR) is rising against the U.S. Dollar (USD) on Monday, starting the week with a positive performance amid the decline of the USD, which in the absence of major economic data remains impacted by the movement in Treasury bond yields. The benchmark U.S. 10-year Treasury bond yield is …
Read More »DXY Rises as Fed Allows Expiry of SLR Rule Changes
The U.S. Dollar (USD) is showing a mostly positive performance on Friday, supported by the rise in Treasury bond yields and the Federal Reserve’s decision to end the temporary change to the supplementary leverage ratio (SLR) for depository institutions by the end of the month as scheduled. “The temporary change …
Read More »USD Drops Following Release of Federal Reserve Statement
The U.S. Dollar (USD) fell sharply following the release of the Federal Reserve policy statement, after moving within in a tight range, mostly in the positive territory, ahead of the release of the statement and the first quarterly expectations for the American economy this year. With many investors looking to …
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