Forex News » US Dollar

US Dollar Index Falls Earlier, But is Gaining Ground Now

MMarquit — Wed, 08 Feb 2012 14:27:13 +0000

US dollar index is lower today, falling overall as a degree of optimism returns to the markets. Many expect a Greek debt deal to be done today, and that means that there has been some demand for high beta currencies in earlier trading. Now, though, the US dollar seems to be gaining some ground as some of that risk appetite fades and the Greek situation looks a little less certain.

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Good Employment Rescues Dollar After Week of Bad Data

NewsInspector — Sat, 04 Feb 2012 16:38:42 +0000

The US dollar had a mixed week as there was plenty of negative data from the United States, yet there also were positive indicators, especially employment figures. The greenback rose against the euro and the yen, but declined against higher-yielding currencies.(...)
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US Dollar Pares Earlier Gains

MMarquit — Fri, 03 Feb 2012 16:20:07 +0000

US dollar is paring some of its earlier gains against the euro as risk appetite improves. However, greenback still has the upper hand against European currencies right now as the data coming out of the United States seems to indicate that the economic recovery could speed up.

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USD Gains vs. EUR & GBP on Positive Outlook for US Economy, Retreats

NewsInspector — Fri, 03 Feb 2012 06:53:57 +0000

The US dollar rose yesterday against the euro and the Great Britain pound on positive macroeconomic data from the United State and comments of Federal Reserve Chairman Ben Bernanke, but was somewhat weaker today. The currency was flat versus the Japanese yen today, as well as yesterday.(...)
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US Dollar Drops as Optimism Returns to Markets

MMarquit — Wed, 01 Feb 2012 14:29:59 +0000

US dollar is lower across the board right now, dropping as optimism returns to the market in the form of better economic news. The news is especially encouraging in Europe, where eurozone manufacturing has expanded. Even in the United States, the situation isn’t so bad, with ADP estimating private payrolls up by 170,000.

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US Dollar Pulls Back as Risk Appetite Makes an Appearance

MMarquit — Tue, 31 Jan 2012 14:30:12 +0000

Cautious optimism has returned to the markets today, bringing risk appetite and sending the US dollar lower against other major currencies. Corporate earnings are encouraging once again, and most of the European Union countries signed on to a treaty requiring tougher fiscal rules. The result is that many investors and Forex traders are feeling more optimistic about what’s next for the global economy, and that means the US dollar isn’t needed as a safe haven.

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US Dollar Rises as Greece Takes Center Stage

MMarquit — Mon, 30 Jan 2012 14:17:55 +0000

US dollar is rising as Greece once again takes center stage in the world markets. Greenback is gaining as concerns about what’s next for Greece — and the eurozone — weighs on risk currencies, especially the euro.

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US Dollar Remains Lower

MMarquit — Fri, 27 Jan 2012 14:22:53 +0000

US dollar remains lower on the Forex market, dropping as economic conditions continue to exert downward pressure. Greenback is lower as the latest news comes in about the GDP, and as Forex traders continue to weigh the latest statements from policymakers in the United States.

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Greenback Gains as Risk Aversion Rises

MMarquit — Wed, 25 Jan 2012 15:51:08 +0000

Greenback is gaining today on the Forex market as risk aversion rises. Uncertainty over what’s next for Greece, and how it will affect the eurozone, is pressuring the euro and helping the US dollar. Additionally, many Forex traders and investors are waiting for the latest policy announcement from the Federal Open Market Committee.

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US Dollar Mixed as Traders Look for Direction

MMarquit — Tue, 24 Jan 2012 16:29:06 +0000

Forex traders are looking for a little direction today, and, as a result, the US dollar is mixed. Greenback is higher against the euro, thanks to fresh concerns about the Greek debt situation, but lower against the Great Britain pound. With Fed heading into a two-day meeting, many are waiting to see what policy announcements will be made.

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