Tag Archives: USD

The US Dollar (USD) declined on Tuesday amid increased concerns about the COVID-19 pandemic and uncertainty about the upcoming elections and a new economic stimulus package. The Dollar Index (DXY), which measures the performance of the USD against a basket of six major international currencies, is down by 0.41% at …

The US Dollar (USD) rose on Tuesday, as data showed an increase in consumer prices but at a slow pace. The Dollar index (DXY), which measures the performance of the USD against a basket of six international currencies, is up by around 0.50% for the day, at 93.51. The index …

The US Dollar (USD) is fluctuating during Thursday’s trading session, showing a mixed performance against major currencies. The Dollar Index (DXY), which measures the USD performance against a basket of six international currencies, is marginally down by 0.03% at 93.60. Yesterday, the index closed at 93.63, but today it has …

The Canadian Dollar (CAD) rose to its highest level in about two weeks against the US Dollar (USD), supported by a surge in oil prices of more than 5%. Gains by the CAD are amplified by the USD general weakness across the board, amid an improvement in risk appetite. The …

An improved risk appetite seems to have left its toll on the US Dollar (USD), which opening the week with decline across the board. Investors’ risk appetite improved after positive news about the health of the US president, as well as renewed hopes for a second stimulus package to be …

The Euro started its first weekly trading attempting to rise, making use of intraday trading above 1.1720 after finding strong support around 1.1620. On the Technical side and by looking at the intervals, we see that the 50-day moving average meets around 1.1690/1.1700 giving some momentum, in conjunction with the …

The US Dollar (USD) is maintaining its downward trend against major currencies on Thursday, moving during the first session of the month of October in the negative territory. The Dollar index (DXY), which measures the performance of the USD against a basket of six international currencies, is down for the …

The US Dollar (USD) is showing a strong performance against major currencies on Monday. The Dollar index (DXY), which measures the USD performance against a basket of six international currencies, is up for the day by 0.85% at 93.72 points. The index has been moving between 92.75 and 93.78, mostly …

The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey improved from 3.7 in August to 17 in September. This reading beat the market expectation of 6 by a wide margin. “The new orders index climbed nine points to 7.1, pointing to a modest increase in orders, and …

The US Dollar (USD) is showing a mostly negative performance on Friday, after the release of the CPI data. The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is marginally down by 0.02% at 93.32, after closing Thursday at 93.34. The index …