Archive for Tag: usd index

U.S. dollar index

Dollar Index Edges Lower as Investors Gauge Fed Rate Path

U.S. Dollar Indexis trading down 0.20% at 103.68 The dollar eased back slightly from a 20-year high reached earlier this month on Monday, following disappointing U.S. economic data that may dampen expectations for aggressive Federal Reserve rate hikes. As of 02:38 AM EST (0638 GMT), the U.S. dollar index...

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Dollar Index

Dollar Edges Lower; Powell Testifies on Capitol Hill This Week

Dollar Index is trading down 0.16% at 104.031 The U.S. dollar edged lower in early European trade Tuesday, in line with the wider increase in risk sentiment, but remained elevated with the U.S. Federal Reserve seen retaining an aggressive tightening stance. At 3:15 a.m. ET (0715 GMT), the Dollar...

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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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