Federal Reserve — News Archive

NFP Surprise Positively, Early Rate Hike Is Probable

One of the most important events this week was today’s release of US non-farm payrolls. While analysts expected robust employment growth, the actual report turned out to be even better than was expected, spurring talks about an early interest rate hike from the Federal Reserve. The US dollar rallied against its most-traded peers as a result.

Dollar Ends Week on Strong Note, Defying Adverse Fundamentals

The US dollar ended this week with gains even though it looked like fundamentals were against the US currency. The greenback was particularly strong against the euro, and this was surprising considering the progress in the situation with Greece. At the same time, the dollar was unable to beat the Great Britain pound.

US dollar Continues to Struggle After Yesterday’s Remarks From Yellen

US dollar is still down today, following yesterday’s drop on the heels of remarks made by Fed Chair Janet Yellen to Congress.

US Dollar Trades Mixed as Dollar Index Falls

US dollar is trading mixed today, heading higher against some currencies, but losing ground to others. The dollar index is lower today, thanks in large part to a surge in value by the euro.

Dollar Falls vs. Yen After Poor US Data

The US dollar fell against the Japanese yen today following poor macroeconomic data from the United States. The greenback was basically flat against the euro and the Great Britain pound.

US Dollar Drops After Disappointing Data

Concerns that the United States might be seeing a slowdown in its economic growth are weighing on the greenback today. Recent economic data has been softer than expected, and that is bringing the dollar lower in Forex trading.

Reasons for Decline of Canadian Dollar to Fresh Lows

The Canadian dollar dropped to the fresh lows against its US peer during the Thursday’s session and also fell against some other majors including the euro. The currency has plenty of reasons for its weakness, both domestic and global.

Dollar Rises Even as Fed Talks About Patience

The US dollar rallied against the majority of its most-traded peers today after the Federal Reserve released statement of its first monetary policy meeting this year. The biggest loser was the Canadian dollar, while the Japanese yen was able to hold ground against the greenback and demonstrated an upward bias.

Forecast: US Dollar in 2015

The US dollar demonstrated exceptional performance in 2014. Can the greenback maintain its amazing rally in 2015 or correction is in order?

Greenback Mostly Lower on Disappointing Data

The US dollar is mostly lower today, with the dollar index dropping, as Forex traders consider the recent data release. Lackluster data has many rethinking the idea that the Federal Reserve will raise rates in the immediate future. Instead, it looks as though there will be a little more wait and see happening.

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