US dollar is mostly higher today, gaining ground as Forex traders look forward to the possibility of a rate hike from the Federal Reserve. Additionally, there are indications that the role of the US dollar on the Forex market might be changing.
September 22nd, 2015 at 14:02
September 22nd, 2015 at 13:38
Euro is struggling against the US dollar again as talk of quantitative easing continues. With the idea that more money needs to be circulated through the system, and the idea that eurozone rates aren’t heading higher any time soon, it’s little surprise that the euro is down against the dollar.
September 21st, 2015 at 23:58
The US dollar rallied on Monday despite the lackluster housing data released from the United States. The Forex market continues to digest the policy announcement of the Federal Reserve, and traders are trying to guess when the US central bank is going to start monetary tightening and whether it is going to tighten policy at all.
September 19th, 2015 at 17:45
This trading week was not particularly positive for the US dollar as it fell against other majors as well as commodity currencies. The only major currency that has lost to the dollar was the euro.
September 17th, 2015 at 21:21
The US dollar slumped against its major peers after today’s policy announcement of the Federal Reserve. Not only the US central bank kept interest rates unchanged, but it also released a statement that was considered rather dovish by economists and market participants.
September 15th, 2015 at 12:54
The US dollar is holding mostly steady ahead of tomorrow’s decision from the Federal Reserve. While the dollar index is a little lower today, the greenback itself is trading mixed against its major counterparts.
September 11th, 2015 at 14:13
US dollar is heading higher as risk aversion appears in the market, and as commodities continue to struggle. There is a lot happening right now that points to a higher greenback, and it is little surprise that the US currency is once again moving higher against its major counterparts.
September 10th, 2015 at 13:45
US dollar is pulling back today, now that the euro is gaining ground. Greenback is mostly lower against its major counterparts, and the weighting in the basket of currencies that make up the dollar index is bringing the US currency lower.
September 09th, 2015 at 12:46
Euro continues to struggle today on the Forex market, even though risk appetite is improving as a whole. Markets around the world are heading higher, including in Europe, and the US markets are set to open higher. However, even with that news, the euro is heading lower against most of its major counterparts.
September 08th, 2015 at 21:27
The US dollar was soft during Tuesday’s trading. The currency managed to gain on the Japanese yen but had little success against other most-traded currencies.