Archive for Tag: dollar index meaning

Dollar Index

Dollar edges back towards one-month low

Dollar Index is trading down 0.22% at 101.75 The U.S. dollar edged back towards a one-month low on Thursday, as minutes from the Federal Reserve’s May meeting contained few surprises, with most participants favouring additional 50 basis point rate hikes at the June and July meetings. The dollar index,...

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Dollar Index

Dollar Stabilizes Below 20-Year High; Bostic Comments in Focus

Dollar Index is trading down 0.09% at 103.54 The U.S. dollar stabilized in early European trade Tuesday after earlier falling back from a two-decade high as traders reappraise the likelihood of aggressive Federal Reserve rate increases. At 3:05 AM ET (0705 GMT), the Dollar Index, which tracks the greenback...

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DOLLAR INDEX

Dollar slips, still set for best month since 2015

DOLLAR INDEX is trading down 0.56% at 103.084 The dollar edged down from its recent 20-year high on Friday but was still on track for its best month since 2015, having been boosted by a combination of expectations for U.S. rate hikes and growth concerns in China and Europe....

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Dollar

Dollar Gains on Global Growth Concerns

Dollar Index is trading up 0.38% at 101.50 The U.S. dollar climbed higher in early European trade Monday, gaining ground even against the euro despite Emmanuel Macron’s win in the French presidential election as traders sought out this safe haven. At 3:05 AM ET (0705 GMT), the Dollar Index,...

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Dollar Index

Dollar steadies after hitting fresh 20-year high on yen

Dollar Index is trading up 0.08% at 100.789 The dollar rose on Tuesday to a fresh 20-year high against the Japanese yen and tested a two-year peak against the euro, supported by high U.S. Treasury yields. The dollar index, which measures the greenback against six other currencies, climbed past...

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