The US dollar soared during this week, climbing more than 2 percent against its major counterparts, thanks to the impressive non-farm payrolls. The positive employment data fueled expectations of a December interest rate hike from the Federal Reserve.
November 07th, 2015 at 10:33
November 06th, 2015 at 15:01
The US dollar surged 1.5 percent versus the euro and soared against other major currencies as well today after the release of very strong non-farm payrolls. Now, the market is pricing in a December rate hike that looks very probable.
November 05th, 2015 at 2:57
The US dollar jumped on Wednesday and retained it gains today after Federal Reserve Chairwoman Janet Yellen confirmed the possibility of an interest rate hike in December. US economic data was also supportive for the greenback.
November 03rd, 2015 at 15:21
US dollar is getting a little bit of help today, thanks to some optimism about what might be next for the economy.
November 03rd, 2015 at 14:11
According to Chinese leaders, the time has come for a freely traded Chinese yuan. An announcement made today indicates that the Chinese are ready to let the yuan trade freely by 2020.
October 31st, 2015 at 0:17
The US dollar ended trading lower across the board as economic data released from the United States on Friday did not provide incentive for the Federal Reserve to start monetary tightening soon.
October 29th, 2015 at 16:31
The US dollar dropped against other major currencies today following yesterday’s economic data. Today’s US economic data, including the GDP report, played its part in the currency’s decline.
October 29th, 2015 at 5:05
The US dollar surged against other most-traded currencies on Wednesday after the Federal Reserve mentioned that a December rate hike remains in the cards. Unsurprisingly, the announcement made a tremendous impact on the market.
October 28th, 2015 at 1:01
The Canadian dollar slumped on Tuesday as prices for crude oil continued to struggle. Economic data from Canada’s neighbor, the United States, also was not helping the currency much.
October 27th, 2015 at 14:19
US dollar index is moving higher, but it remains rangebound today ahead of tomorrow’s Federal Reserve announcement. After dipping lower in earlier trading, the dollar index is gaining ground, and the US dollar has regained the upper hand against the euro.