Tag: Euro against Dollar

The U.S. dollar held onto its gains on Thursday after the Federal Reserve decided to keep interest rates within the range of 5.25% to 5.5%. The dollar index, measuring the greenback against a basket of major currencies, rose to 105.68—its peak since March—before closing...

U.S. and European stocks rose while the U.S. dollar slumped to a two-week low following the release of improving Chinese economic data and positive comments from Treasury Secretary Janet Yellen. The U.S. official explained that she is becoming increasingly confident that the U.S. will...

The US dollar rose on Thursday as investors gain confidence from signs of increased resilience from the US economy. The Federal Reserve published its "Beige Book" on Wednesday, showing that economic growth remained stellar, job growth was curbed, and inflation cooled. Both the euro and...

The euro fell against the US dollar on Wednesday as investors looked toward incoming market and inflation data in an effort to uncover clues as to the path that the European Central Bank (ECB) and the Federal Reserve will take with regard to their...

The Euro fell on Friday to its lowest level in mid-June amid growing expectations that the European Central Bank could soon pause interest rate hikes. This comes ahead of Friday's speech by Federal Reserve chair Jerome Powell, with the US central bank to continue...

The US dollar rose on Thursday as investors braced themselves for the Federal Reserve's Jackson Hole symposium, with Fed Chair Jerome Powell slated to speak on Friday. Softer-than-expected economic data during the week has further muddied investors' interest rate outlooks. Viewed largely as a safe...