The U.S. dollar eased slightly on Monday following last week’s jobs report, which signaled another Federal Reserve rate cut at the end of this month. However, losses were minimal amid renewed uncertainty in the Middle East. In early trade, the dollar index, which tracks the greenback against a basket of six other currencies, was trading […]

The U.S. dollar rose on Wednesday, while the euro retreated ahead of a no-confidence vote in France later in the day, which could topple the fragile coalition government. The Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 106.465. Dollar Continues to Attract Attention The dollar remained […]

The U.S. dollar retreated on Monday, giving up some of its recent gains, as the nomination of Donald Trump’s choice for U.S. Treasury Secretary appeared to provide reassurance to the bond market. Meanwhile, the euro recovered from last week’s two-year low. The Dollar Index, which measures the greenback against six other currencies, fell 0.6% to […]

The U.S. dollar rose on Wednesday, supported by its safe-haven status after the closure of the U.S. embassy in Kyiv, Ukraine, while the British pound gained strength as U.K. inflation in October exceeded expectations. Earlier in the day, the Dollar Index, which measures the greenback against six other currencies, traded 0.3% higher at 106.490, recovering […]

The U.S. dollar rose on Tuesday after retreating from one-year highs reached last week. Traders sought political direction as attention shifted toward President-elect Donald Trump’s cabinet selections. In early trading, the Dollar Index, which tracks the greenback against a basket of six other currencies, climbed 0.2% to 106.427, recovering from a 0.4% decline in the […]

The U.S. dollar retreated slightly from its recent one-year highs at the start of a week with limited notable economic data but featuring remarks from several Federal Reserve officials. The dollar index, which tracks the dollar’s performance against six other major currencies, rose by 1.6% in the previous week, marking its sixth weekly gain out […]

The U.S. dollar softened slightly on Wednesday, pulling back from six-month highs as markets awaited critical U.S. inflation data. This report is expected to offer further insight into the future trajectory of interest rates in the world’s largest economy. Earlier in the session, the Dollar Index, which measures the greenback against a basket of six […]

The U.S. dollar surged to a four-month high on Tuesday as markets adjusted to the anticipated economic changes under the incoming Trump administration. Traders are also positioning for potential shifts in Federal Reserve policy, further fueling the dollar’s momentum. Trump Trade Fuels Dollar Rally Throughout the past week, the dollar experienced heightened demand as traders […]

The U.S. dollar surged on Wednesday, where it is poised to score its biggest one-day gain since March 2020, as Donald Trump moved closer to victory for the White House, while a Republican sweep in Congress looked possible. The dollar index, which tracks the greenback against a basket of six other currencies, rose 1.4% to […]