Federal Reserve — News Archive

NZD Dips as New Zealand Economic Growth Misses Expectations

The New Zealand dollar dipped today after nation’s economic growth missed analysts’ estimate. The currency halted its decline by now and actually managed to erase all losses versus the US dollar.

Dollar Drops on Fed Outlook for Growth & Interest Rates

The US dollar fell today after the Federal Reserve trimmed its monetary stimulus but lowered the growth forecasts and predicted that interest rates will remain extremely low for a long period of time.

Greenback Gains Against Most Other Currencies

The US dollar index is higher today, thanks to the greenback’s performance against most of its counterparts. The US dollar is gaining ground against a number of its counterparts as economic data from other regions comes in, and as the ECB announces that it will extend its dollar liquidity program.

US Dollar Lower Today, But Strength Expected for Rest of Year

US dollar is heading lower against its major counterparts today, but strength is expected for the rest of the year as diverging monetary policies favor the greenback. For now, though, the US dollar index is lower.

Dollar Falls vs. Major Peers as US Data Disappoints

The US dollar dropped today as most of economic reports that came out from the United States were rather poor, making market participants question if the US economy is ready for monetary tightening from the Federal Reserve or policy makers will wait before starting interest rate hikes.

USD Gains, Boosted by Job Openings, Remains Soft vs. JPY

The US dollar climbed against the euro and the Great Britain pound today due to the release of yet another positive employment report from the United States. The greenback was down versus the Japanese yen.

Greenback Mostly Higher Today

US dollar is mostly higher today as the greenback is identified as a likely candidate for strength in the coming months. Recent developments in the eurozone are likely to help the greenback, and positive economic news is spurring speculation — again — that the Federal Reserve will have to make a move to cap inflation soon.

US Dollar Gains Ground, But Earlier Gains Have Been Pared

US dollar is mostly higher today, but the currency’s earlier gains have been pared a bit following the latest US jobs numbers. Since the numbers matched expectations, many feel that the Federal Reserve will stay on course, and not speed up its efforts to end monetary policy easing.

Dollar Carves Out Gains with Help from Interest Rates Speculations

The US dollar edged higher today even without any important economic releases from the United States. The currency is supported by speculations about a possible interest rate hike from the Federal Reserve this year. The greenback was not able to outperform the Japanese yen.

US Dollar Resumes Its Recent Rally

US dollar is heading higher again today, gaining against its major counterparts as European currencies struggle. Positive economic data in the United States is helping, as are concerns about what’s next for some of the European currencies.

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