United States — News Archive

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.

Oil Prices Continue Drag on Canadian Dollar

Oil prices continue to pull on the Canadian dollar today, bringing it down against the US dollar to a level not seen since 2009. Loonie is likely to continue to fall further, as long as the oil slide is in effect.

Dollar Ends First Full Trading Week of 2015 Mixed

It looked like the first full trading week of 2015 would be another positive one for the US dollar, yet the greenback stumbled by the weekend, finishing trading mixed.

Dollar Drops After Stellar NFP; What’s the Reason?

The US dollar dipped against its major peers today even though US non-farm payrolls came out even better than optimistic expectations. Can the weird behavior be explained? So happens, market analysts have a theory that justifies the poor performance of the US currency.

No Stop for Dollar’s Rally

The US dollar continued its unstoppable rise for yet another session today. Economic reports, especially employment data, fueled optimism about the US economy and speculations about a close interest rate hike from the Federal Reserve.

Dollar Continues March Up

The US dollar continued its march higher today. The currency gained for the fifth straight session against the Great Britain pound and for the sixth against the euro.

US Dollar Continues to Strengthen

It’s all about the US dollar these days. The greenback continues to strengthen against major counterparts, and see gains as commodities drop and as expectations for the US economy continue to improve.

Euro Continues to Struggle

Euro continues to struggle today, although it is off recent lows. Concerns about the eurozone, as well as continued low oil prices are weighing on the 19-nation currency region.

Dollar Enters New Year on Strong Footing

This trading week was relatively calm due to the holiday season as fewer traders were participating in the market and volume was light. Yet this did not prevent the dollar from reaching new highs against its major peers.

Consumer Confidence Not Enough for the US Dollar

US dollar is losing ground today against its major counterparts, even though there is a degree of risk aversion in the markets, and consumer confidence is on the rise. The news that Russia and China continue to work to bypass the greenback is one item adding to dollar weakness.

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