The US Dollar (USD) showed a positive performance against major currencies on Monday, opening the week with support from investors’ demand spurred by concerns about a new variant of the Coronavirus. The Dollar Index (DXY), which measures the greenback performance against a basket of six international currencies, is up by …
Read More »USD Declines Across the Board
The US Dollar (USD) is opening the week with a negative performance, by declining across the board against major currencies. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six international currencies, is down by 0.30% at 90.70. The index has been moving today in a …
Read More »Dollar Shows Rebound Signs
The US Dollar (USD) is rising on Friday, supported by positive economic data and an improvement in inflation. The Dollar index (DXY), which measures the USD performance against a basket of six major international currencies, is up by 0.18% at 90.99. The index has been moving today in a range …
Read More »USD at Lowest Level Since April 2018
The US Dollar (USD) declined on Thursday to its lowest level since April 2018, amid anticipation for a new stimulus package and news about the rollout of Coronavirus vaccines in the United States. The decline also comes after the European Central Bank (ECB) decided to maintain interest rates and expanded …
Read More »USD Fluctuates with Moves in Positive Territory
The US Dollar (USD) is showing some signs of recovery on Tuesday, after declining yesterday near its lowest level since 2018. The American currency is showing some fluctuations against major currencies but mostly moving in the positive direction as shown by the performance of the Dollar index (DXY). The DXY, …
Read More »USD Declines Across the Board
The US Dollar (USD) is declining again against major currencies on Tuesday, showing a mixed performance on mixed economic data. The dollar index (DXY) is down by 0.60% at 90.75, after moving in a range between 90.56 and 91.09, after closing yesterday at 91.12.
Read More »The Turkish Lira Drops 1% After New Measures Regarding Coronavirus
The Turkish lira fell on Tuesday, December 1, by 1% against the dollar, after the government imposed new general isolation measures for the weekend and other measures to combat a record jump in infections and deaths from the Coronavirus. The currency fell to 7.91 by 08:30 GMT. The currency stabilized …
Read More »The Dollar is Giving Back Some of Its Gains as Focus Shifts to The US Fed Meeting
The US dollar, under pressure on Tuesday, December 1, gave up some of the gains it had made by the end of the month, as investors expect a further monetary easing from the US Federal Reserve and rallying recovery elsewhere. The Australian and New Zealand dollars, which are highly risk-sensitive, …
Read More »Dollar Moving to Marginal Gains Following Mixed Data
The US Dollar (USD) is showing a mixed performance at the beginning of the week, following the release of housing and manufacturing data on Monday. The Dollar Index (DXY), which measures the USD performance in front of six major international currencies, is moving to the positive territory, after spending the …
Read More »USD Nears Another Weekly Loss
The US Dollar (USD) is set to record weekly losses after continuing to decline on Friday, amid improved risk appetite among investors. The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is down by 0.10% at 91.90. The index has been moving …
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