The U.S. Dollar (USD) gave up its gains earlier today, which helped the greenback rise to its best level in about a month, and turned to decline across the board. The Dollar Index (DXY), which measures the USD performance against a basket of six international rivals, is marginally down by …
Read More »Dollar Returns to Showing Rebound Signs
The U.S. Dollar (USD) is rising on Wednesday, after closing Tuesday on a lower note, and following the release of the consumer price index update. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six international rivals, is up by 0.31% at 90.37, noting that it …
Read More »USD Turns to Losses Near Session Lows
The U.S. Dollar (USD) has lost some of its recent gains on Tuesday, which were supported by the rising Treasury yields. The greenback showed recovery signs from its lowest level in about two and a half years, which it hit earlier this month, on the back of the continuing easing …
Read More »USD Shows Some Rebound Signs
The U.S. Dollar (USD) is showing recovery signs on Friday, finishing the week with a strong performance and rising across the board. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up by 0.43% at 90.22. The index has been moving …
Read More »USD Continues to Decline Across the Board
The US Dollar (USD) continues to decline on Tuesday, amid improved risk sentiment among investors supporting other currencies. The Dollar Index (DXY), which measures the greenback performance against a basket of six major international currencies, is down by 0.17% at 89.72. The index has been moving today in a range …
Read More »USD Opens Year on Lower Note
The US Dollar (USD) is declining on Monday, opening the New Year with a negative performance amid increased risk sentiment among many investors. Hopes for new vaccines are seemingly exceeding worries from the rising number of cases in many countries, which is driving more investors towards riskier currencies. The Dollar …
Read More »USD Ending Worst Year Since 2017
The US Dollar (USD) is ending 2020 as its worst year since 2017, amid expectations that increased government stimulus and the easing policies of the United States Federal Reserve will further weaken the greenback in 2021. However, the USD is rising on Thursday supported by the decline in jobless claims. …
Read More »USD Declines Across the Board
The US Dollar (USD) is declining across the board on Wednesday, maintaining its downward trend. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies is down by 0.33% at 89.69. The index has been moving today in a range between 89.56 and …
Read More »USD Opens the Week on Lower Note
The US Dollar (USD) is trading lower against major currencies on Monday, opening the week following Christmas on a negative note. The Dollar Index (DXY), which measures the greenback performance against a basket of six international currencies, is down by 0.22% at 90.12.
Read More »USD Maintains Rising Streak
The US Dollar (USD) is rising across the board on Tuesday, supported by improved demand on concerns about the Coronavirus. The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is up by 0.67% at 90.65. The index has been moving today in …
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