Tag: Euro against Dollar
Dollar Heads for Largest Weekly Loss Since January as Bitcoin Falls
The dollar retreated from its two-and-a-half-month high against the Japanese yen on Friday, putting it on track for its largest weekly loss since mid-January. The dollar index, which measures the greenback against a basket of major world currencies, 0.3% to 104.60, having previously hit...
Dollar Retreats From Six-Week Peak as Investors Await Fed’s Next Move
The U.S. dollar edged lower on Monday but remained close to the six-week high recorded by the greenback on Friday. The U.S. Dollar index, which measures the dollar against a basket of major currencies, retreated by 0.14% to 103.83. Despite the drop, the index...
Dollar Hits Six-Week Peak ss Expectations Grow for Interest Rate Rise
The U.S. dollar hit a six-week high on Friday morning amid strong economic data and comments from Federal Reserve officials that suggested that further interest rate hikes would be coming.
St Louis Fed President James Bullard stated on Thursday that he would support further rate...
U.S. Dollar Strengthens Ahead of CPI Data
The dollar continued to hover around a five-week high against a range of major currencies on Monday as investors expect the Federal Reserve to continue its tight monetary policy for longer than was previously expected.
Among those currencies that the dollar performed notably well against...
Dollar Remains Rooted to Seven-Month Low as Euro and Yen Gain Ground
The U.S. dollar fell to a seven-month low against a basket of major currencies on Monday while the euro and the Japanese yen appear to be strengthening. Investors are now awaiting the Bank of Japan's latest moves with regard to its yield control policy.
While...
Sentiment Towards Dollar Remains Low Despite Gains
The U.S. dollar edged slightly higher on Monday, thereby pulling clear of six-month lows experienced against a basket of major world currencies.
While the euro faded against the dollar by about a third of a percent to $1.0680, the dollar fell slightly against the yen...