Today, the US dollar was hurt by negative economic data yet again as the consumer confidence deteriorated unexpectedly this month. The greenback is attempting to hold against the Japanese yen but lost ground to other most-traded peers, including the euro and the Great Britain pound.
April 28th, 2015 at 17:52
April 28th, 2015 at 4:01
The US dollar is demonstrating weakness ahead of the Federal Reserve policy meeting. The greenback fell against many other currencies yesterday and remained flat today.
April 24th, 2015 at 11:31
Greenback looks to be ready to close out this week lower, thanks to a raft of data and a bit of profit taking. Also weighing on the dollar is a sense of waiting. The Fed meets next week, and many Forex traders are waiting for the outcome of that meeting.
April 23rd, 2015 at 11:18
US dollar index is slipping today as forex traders reset their positions, and as the euro gains ground on the prospect that Greece might actually make it through 2015.
April 16th, 2015 at 21:31
The US dollar was under pressure from poor macroeconomic indicators lately, and the Thursday’s session was not an exception. While not all of the reports were bad, most of them were not as good as market participants had expected, driving the greenback further down.
April 11th, 2015 at 14:39
Lately, the US was experiencing problems with keeping its upward momentum, but the greenback regained its strength during this week during which it was one of strongest currencies on the Forex market. The major reason for the strength was the minutes of the latest Federal Reserve’s policy minutes.
April 09th, 2015 at 12:34
Like its Australian counterpart, the New Zealand dollar rallied during the current trading session. There were no domestic fundamentals to support the New Zealand currency, but the general market sentiment was enough to lift it higher.
April 09th, 2015 at 12:14
The Australian dollar rallied today, getting a boost from favorable domestic macroeconomic data as well as from speculations that the Federal Reserve will postpone monetary tightening.
April 09th, 2015 at 11:21
UK pound is pulling back today after its surging performance yesterday. News of a major energy merger helped the sterling yesterday, and today the currency is consolidating a bit as Forex traders consider the situation and focus on Fed minutes.
April 08th, 2015 at 23:45
The euro lost its ground against the US dollar, as well as against other most-traded currencies, after the Federal Reserve released its policy minutes. The currency fell also as not all economic reports from the countries of the eurozone were favorable.