The US dollar jumped today as growth of nonfarm payrolls exceed forecasts, suggesting that the Federal Reserve can reduce stimulus without damaging the economy too much.
July 04th, 2013 at 0:09
The US dollar dropped today ahead of Friday’s important report. Many analysts think that it was nothing but short-covering and the currency can yet rally on fundamentals that remained positive.
June 10th, 2013 at 13:21
US dollar index is higher today. As the week begins, greenback is showing some strength, although it is lower against some individual currencies, like the euro.
June 08th, 2013 at 11:57
The euro had a stellar week against the US and Australian dollars, but performance against some other currencies, including the Great Britain pound and the Japanese yen, was less impressive.
June 07th, 2013 at 22:24
The Great Britain pound fell against the dollar as US employment growth exceeded expectations. The currency erased losses versus the Japanese yen and trimmed its drop against the euro as the UK trade balance deficit narrowed.
June 07th, 2013 at 14:23
US dollar is heading higher today following the most recent payrolls data. The result is adding a bit of confusion, though, since it muddies the water as to what might be next for the Federal Reserve.
June 07th, 2013 at 10:15
The South Korean won was heading to the biggest weekly advance among Asian currencies since September as speculations that the US Federal Reserve will not withdraw stimulus were driving the dollar down. The currency retreated today.
April 06th, 2013 at 13:00
The Japanese yen demonstrated huge losses this week, dropping to multi-year lows (it fell to the lowest since 2008 against some currencies), as the Bank of Japan pursued aggressive quantitative easing.
April 05th, 2013 at 20:11
The US dollar dropped today, falling for the third straight session against the euro and the Great Britain pound, after non-farm payrolls showed very small growth. At the same time, the US currency jumped to the highest level since June 2009 versus the Japanese yen.
April 05th, 2013 at 13:16
The New Zealand dollar traded sideways near the highest level since 2008 against the Japanese yen today after yesterday’s huge surge. The currency fell against its US peer as worse-than-expected US non-farm payrolls hurt the market sentiment, reducing demand for higher-yielding assets.