MARKET NEWS
Dollar Up, Commodity Currencies Restrict Gains
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
Read moreDollar Soothes after Beating U.S. Jobs Report
Dollar Soothes after Beating U.S. Jobs Report The U.S. dollar aided losses near 2-1/2 month lows on Monday as a bitter U.S. employment report advised investors to unwrap their increasing long positions in the U.S currency. The United States developed a little more than a quarter of the jobs that economists had anticipated last
Read moreDollar Tumbles as Risk Tolerance Increases, Pound constant before BoE
Dollar Tumbles as Risk Tolerance Increases, Pound constant before BoE The dollar slipped from a two-week high on Thursday as global market risk appetite improved, on the other hand, traders concentrated on a Bank of England meeting and economic data that might give some hints on when the U.S. Federal Reserve sway dial back
Read moreThe Dollar Climbs Highest in over Two Weeks
The Dollar Climbs Highest in over Two Weeks The dollar was up on Wednesday morning in Asia as concerns over U.S. Treasury Secretary Janet Yellen’s comments about increasing interest rates. The U.S. Dollar Index traces the greenback versus a basket of other currencies was high 0.31% to 91.210. The USD/JPY pair was steady at
Read moreDollar High as regardless of Surprise fall in U.S. Manufacturing Data
Dollar High as regardless of Surprise fall in U.S. Manufacturing Data The dollar was high on Tuesday morning in Asia as an unexpected slowdown in U.S. manufacturing growth cut off Investor bets on a booming U.S. economy giving the U.S. currency a boost. The U.S. Dollar Index traces the greenback against a basket of
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