The U.S. dollar retreated on Wednesday as markets reacted to ongoing geopolitical tensions in the Middle East, signs of a slowing U.S. economy, and the conclusion of the Federal Reserve’s policy meeting. By 04:35 ET (08:35 GMT), the U.S. Dollar Index — which measures the greenback against a basket of six major currencies — was […]
The U.S. dollar edged lower on Wednesday, as traders awaited more clarity from ongoing trade negotiations between the U.S. and China and looked ahead to the release of crucial inflation figures. As of 04:35 ET (08:35 GMT), the Dollar Index — which measures the greenback against six major currencies — slipped 0.1% to 99.032. Trade […]
The U.S. dollar edged higher on Tuesday, buoyed slightly as traders returned from long weekends in the U.K. and U.S. However, lingering uncertainty over the Trump administration’s trade policies and a major tax-and-spending bill moving through Congress continued to weigh on sentiment. As of 05:40 ET (09:40 GMT), the U.S. Dollar Index—which measures the greenback […]
The U.S. dollar continued to decline on Wednesday, weighed down by uncertainty surrounding President Donald Trump’s proposed tax and spending bill. Meanwhile, the British pound gained ground following stronger-than-expected inflation data. As of 04:30 ET (08:30 GMT), the U.S. Dollar Index—which measures the greenback against a basket of six major currencies—dropped 0.4% to 99.595, extending […]
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 US dollar fell on Wednesday, trading defensively following the Trump administration’s agreement with its neighbors, Canada and Mexico, to delay tariffs. Meanwhile, the euro gained despite weak regional services activity data. The dollar index, which analyzes the evolution of this currency in comparison to a basket of six other major currencies, was trading down […]
