US dollar is heading higher today, thanks to remarks from Janet Yellen before Congress. She remains upbeat about the economy and suggests that an interest rate hike is coming before the end of the year.
July 14th, 2015 at 15:01
Euro is struggling today as Forex traders and analysts mull over the agreement reached with Greece over the weekend. The 19 nation currency is down pretty much across the board since slipping from its earlier gains against the US dollar.
July 13th, 2015 at 14:17
Euro is struggling today after the announcement that a deal has been reached with Greece in order to land another bailout. Even though the deal is supposed to prevent a “Grexit”, the reality is that the “aGreekment” may not actually go through and there are concerns about implementation.
July 13th, 2015 at 13:39
US dollar index is gaining ground today as Forex traders look ahead to what are expected to be positive data releases later this week. Greenback is trading a little mixed against its major counterparts, moving down against the pound, but the dollar index is higher.
July 11th, 2015 at 0:17
The euro surged on Friday, ending 1 percent higher against the US dollar and more than 2 percent higher versus the Japanese yen. The coming weekend will likely determine the future (or lack thereof) of Greece in the eurozone.
July 09th, 2015 at 18:32
The US dollar bounced today following the yesterday’s drop even though economic data from the United States was not particularly supportive to the currency.
July 07th, 2015 at 17:10
The US dollar reversed its yesterday’s moves during today’s cautious trading. The currency gained on the euro and surged against the Great Britain pound, falling versus the Japanese yen at the same time.
July 07th, 2015 at 13:04
A growing trade deficit for the United States hasn’t slowed dollar gains today, largely due to the fact that economic data is overshadowed by the Greek drama still being played out in the eurozone. With all eyes on the 19-nation currency region, and uncertainty over what’s next running high, the US dollar is mostly higher.
Time is running out for Greece, and the euro continues to struggle as a result. The future of the eurozone is seen hanging in the balance over this, and that has some uncertain about what’s next for the euro.
July 06th, 2015 at 19:02
The US dollar was not performing as well as one might have expected considering the prevalent safe-haven demand among investors. The possible reason for this may be that today’s economic data from the United States was a bit on the weak side.