Archive for Tag: Dollar Index

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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U.S. Dollar Index

Dollar Up, Above 100-Mark Ahead of U.S. Inflation Data

DOLLAR INDEX is trading up 0.17% at 100.143 The dollar was up on Tuesday morning in Asia, climbing back above the 100 mark. The U.S. currency was supported by high yields ahead of inflation data due later in the day, which also heightened expectations of tighter monetary policy. The...

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EUR/USD

Dollar Stabilizes; Euro Falls as Russia Sanctions Talk Ramps Up

EUR/USD is trading down 0.38% at 1.1005 The U.S. dollar stabilized Monday after last week’s strong jobs report, while the euro weakened as talk of additional sanctions on Russia for its invasion of Ukraine ramped up. Friday’s much anticipated U.S. jobs report for March confirmed a strong economy and...

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U.S. Dollar Index

Dollar Up, Euro Near One-Month High Over Ukraine War Optimism

USD/JPY is trading down 0.02% at 121.756 The dollar was up on Thursday morning in Asia. The euro held at a one-month high against the dollar, after rallying on hopes that the war in Ukraine could be entering a new de-escalating phase. The Japanese yen was set for its...

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DOLLAR INDEX

Euro rises as talks over Ukraine begin, modest yen rebound

DOLLAR INDEX is trading down 0.35% at 98.71 The euro rose on Tuesday in cautious trading as Ukrainian and Russian negotiators met in Turkey for the first direct talks in more than two weeks. The U.S. dollar was slightly lower, just off its highest since May 2020, while the...

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USDCAD Trading

Dollar falls as hawkish Fed delivers without an extra kick

USDCAD is trading down 0.13% at 1.2660 The dollar fell on Wednesday after the U.S. Federal Reserve moved to a hawkish monetary policy but without delivering a tougher surprise that might have added to its weeks-long momentum. The dollar index, which had gained 3% since the start of the...

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US Dollor

Dollar Gains, Euro Struggles to Hold ECB-inspired Gains

GBP/USD is trading up 0.15% at 1.3104 The U.S. dollar edged higher Friday, boosted by strength against the Japanese yen, while the euro pushed higher following the hawkish turn by the European Central Bank. At 3 AM ET (0800 GMT), the Dollar Index, which tracks the greenback against a...

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Dollar Index

Dollar Gains, Euro Slumps On the Back of Rising Crude Prices

Dollar Index is trading up 0.76% at 99.254 The U.S. dollar tracked higher while the euro slumped to a fresh low as soaring crude prices raised fears that the war in Ukraine will result in a stagflation shock, particularly to countries in Europe. At 3:20 AM ET (0820 GMT),...

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