The dollar rose against most pairs today after the US Federal Reserve re-created strong US economic data expectations for Austerity measures. The movement of the cable pair is primarily driven by the gains at night in the green back. Demand for the US dollar has risen globally due to better-than-expected economic data and concerns about [...]
The dollar traded near low on today as traders looked to next week's Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stimulus and also Japan exports increased peak place. The Federal Open Market Committee's (FOMC) two-day policy meeting ending Sept. 22 should provide some clarity on [...]
The Greenback has gained some moment after the release of US CPI data yesterday. After several months of US inflation measurements, the August data offered some consolation for the “team transitory”, that the rise in prices caused by the reopening of the economy in the Federal Reserve and elsewhere will soon subside. Still, numbers do [...]
The euro pair is strong as investors believe a strong eurozone economic recovery will outweigh the risks from the global recession. European investors were comforted last week by the European Central Bank raising its growth and inflation forecasts for this year and beyond as the eurozone economy recovers faster than expected from the pandemic shock. [...]
