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...
Dollar Hits Two-Week High as Yen Jumps to Seven-Month Peak
The U.S. dollar hit a two-week high on Tuesday, rising 0.9% to 104.55 in the dollar index which measures the greenback's performance against a basket of major world currencies.
Investors' focus is firmly fixed on the minutes of the Federal Reserve's December meeting, which are...
U.S. Dollar Experiences Major Surge
Contrary to what you may have heard, the U.S. dollar is actually been thriving as of late. After seeing a relative decline in the last year, its now experiencing a surprising uptick, giving hope to Americans who were losing faith in their country's economy.
In...