The dollar held steady against a basket of the other major currencies on Tuesday as concerns eased over the prospect of a trade war sparked by U.S. President Donald Trump’s proposed steel and aluminum import tariffs. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was steady at […]
The dollar hit five-week highs against a currency basket on Wednesday after Federal Reserve Chairman Jerome Powell said the U.S. economic outlook remains bright, bolstering bets on further Fed rate hikes this year. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was up 0.18% to 90.47 by […]
The dollar was trading at one-and-a-half week highs against a currency basket on Thursday following overnight gains after minutes of the Federal Reserve’s January meeting underlined expectations for faster hikes in U.S. interest rates. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was at 90.11 by 03:01 […]
The dollar edged up to one-week highs against a currency basket on Wednesday, as investors awaited the minutes of the Federal Reserve’s latest policy meeting for fresh indications on the future pace of interest rate hikes. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was up 0.12% […]
The dollar was steady against a basket of the other major currencies on Monday, remaining supported above last week’s three year lows after a modest bounce higher on Friday. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was unchanged for the day at 89.03 by 03:21 AM […]
The U.S. dollar fell to three-year lows against other major currencies on Friday, as fresh concerns over U.S. policies and especially the rising deficit offset optimism sparked by recent U.S. economic reports. The greenback turned broadly lower amid sustained concerns over the deficit in the U.S., which is projected to climb near $1 trillion in […]
The dollar fell broadly on Thursday, hitting a 15-month low against the yen as U.S. bond yields rose after a report showing that inflation rose at a faster than expected pace last month. USD/JPY was down 0.72% to 106.23 by 03:15 AM ET (08:15 AM GMT), the weakest level since Nov. 11, 2016. The dollar […]
The dollar came under renewed selling pressure on Wednesday, sliding lower against a basket of the other major currencies ahead of the Federal Reserve’s policy decision. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.24% to 88.81 by 03:05 AM ET (08:05 GMT), falling back […]
The dollar moved higher against a currency basket on Tuesday, buoyed by higher U.S. bond yields as investors turned their attention to U.S. President Donald Trump’s State of the Union speech and a Federal Reserve policy meeting. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was up […]
