The U.S. dollar fell on Monday, giving up some of Friday’s gains as optimism grew around upcoming trade discussions between the United States and China in London. As of 04:05 ET (08:05 GMT), the U.S. Dollar Index—which measures the greenback against a basket of six major currencies—was down 0.3% at 98.890. The dollar had previously […]
The U.S. dollar tumbled on Monday following a surprise downgrade of the country’s sovereign credit rating by Moody’s, just days before a critical vote on President Donald Trump’s tax reform bill. As of 04:20 ET (08:20 GMT), the U.S. Dollar Index — which tracks the greenback against six major currencies — had fallen 0.7% to […]
The U.S. dollar extended its losses on Wednesday following a sharp drop in the previous session, as cooler-than-expected inflation data reinforced expectations for rate cuts from the Federal Reserve. At 04:00 ET (08:00 GMT), the U.S. Dollar Index—which tracks the greenback against six major currencies—fell 0.3% to 100.560, adding to Tuesday’s 0.8% decline. Dollar Retreats […]
The U.S. dollar surged on Monday after the White House announced a breakthrough trade agreement with China over the weekend, reviving optimism that the world’s largest economy could sidestep a prolonged and damaging trade war. As of 03:30 ET (08:30 GMT), the U.S. Dollar Index—measuring the greenback against six major currencies—jumped 1.3% to 101.455, its […]
The U.S. dollar edged higher on Wednesday, trading within narrow ranges as markets awaited the outcome of the Federal Reserve’s latest policy meeting and digested news of renewed trade negotiations between the U.S. and China. At 04:45 ET (08:45 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six major currencies, […]
The U.S. dollar edged lower on Tuesday, with investors growing increasingly cautious about holding U.S. assets amid ongoing concerns over economic growth and the volatility surrounding President Donald Trump’s trade policies. As of 04:30 ET (08:30 GMT), the U.S. Dollar Index (DXY)—which measures the greenback against a basket of six major currencies—was down 0.2% at […]
Interest rates are asleep today and US dollar has made big declines in the beginning of this week as it wants to face with a giant political shift with Donald Trump back to the president. The Dollar Index — which gauges the dollar’s stregnth against a basket of six other currencies — fell by 0.3%, closing at […]
The U.S. dollar strengthened on Monday, remaining at elevated levels following robust U.S. payroll data, while the British pound faced continued pressure, extending recent losses. In early trading, the dollar index, which tracks the U.S. currency against a basket of six other currencies, was trading 0.4% higher at 109.930, after reaching its highest level on […]
