Forex News Category

Dollar Higher Over Asian Covid-19 Upsurge Concerns   The Dollar elevated on Monday morning in Asia amid distresses caused by fresh COVID-19 cases in some Asian Countries. Notwithstanding, investors are densely positioning for a drop in the U.S. currency as the U.S. Federal Reserve holds to its current dovish policy. The U.S. dollar index traces

Dollar Topple; Inflation Concerns Indicate Substantial Week   The Dollar declined in early European trade on Friday after the one-week gain because traders considerably seem to be fine with the latest inflation data that could impact on Federal Reserve Policy. The Dollar Index, which traces the U.S. currency against a basket of six other currencies

Dollar Elevated; Fed in Limelight on Inflation Surge   The dollar slightly higher in early European trade Thursday, with the U.S. currency supported by concerns of an earlier than expected Federal Reserve response to inflationary pressures in the wake of the worryingly large jump in U.S. consumer prices. The U.S. Dollar Index Traces the greenback

Dollar slightly Up; Inflation Data Appears Healthy ⁣ The dollar is a gainer with up in early European trade Wednesday although, remains near recent lows ahead of a key U.S. inflation release.  The Dollar Index, which traces the U.S. Dollar versus a basket of six other currencies, was up 0.2% at 90.287. EUR/USD traded 0.2%

Dollar Up, Commodity Currencies Restrict Gains   The dollar gains in early European trade Tuesday, however, gains were completed by the strength of commodity currencies on the back of rises in the prices of oil and base metals. The U.S. Dollar Index traces the greenback against a basket of other currencies crawled down 0.06% to