The dollar climbed to three-week peaks on Friday, still benefiting from better-than-expected U.S. retail sales data released on Thursday. The US dollar index (DXY) has peaked since August 23, rising last week as market sentiment soured. The US Federal Reserve (FED)'s tapping into this week's Federal Open Market Committee (FOMC) may highlight the Covid – [...]
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 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 US dollar has depreciated since yesterday after a weekly jobless claims report and due to European central bank bond purchases. Last Friday, it sank to the lowest since Aug.3 when the US economy created the lowest level in seven months, reducing the chances of an immediate cut in the central bank's asset-purchase program. Since [...]
