The US dollar was trading flat on Tuesday as traders remained cautious and on alert ahead of the start of the Federal Reserve’s latest interest rate meeting. Here is what is moving the currency market today. Dollar Quiet Ahead of Fed Meeting The Federal Reserve begins its two-day policy meeting on Tuesday and is expected […]
Dollar Rises, Euro Falls on PMI Weakness
The US dollar appreciated on Wednesday, while the euro fell following the release of poor data on Eurozone activity, pointing to further rate cuts by the European Central Bank. Here are the highlights of what is happening in the currency market. Dollar Shelters Amid Political Uncertainty The dollar has taken advantage of the volatile political […]
Dollar Falls on Biden Withdrawal, Euro Bounces Back After Losses
The dollar was lower on Monday after US President Joe Biden’s decision not to seek re-election, while the euro gained despite its not-so-strong tone after the European Central Bank’s meeting the previous week. Here’s everything you need to know about the major market currencies. Dollar loses ground amid political uncertainty The dollar lost ground after […]