United States — News Archive

Dollar Regains Upper Hand on Expectations of Better News

It’s been a choppy few days for the world markets, but things seem to be smoothing out for now. The US dollar, after a few down days, is once again regaining the upper hand. Forex traders are focusing on expectations of better news out of the United States.

US Dollar Loses Ground as Carry Trades Dominate

With traders looking for safe haven in an unsettled global market, the US dollar is heading lower. Greenback is struggling as Forex traders turn to the yen and to the euro.

Dollar Weathers Impact of China’s Stock Collapse

The week has started with a surge of risk aversion on the Forex market as the collapse of China’s stock market scared investors. Surprisingly enough, the dollar dropped against its major rivals after the event. Yet the currency reversed its losses very quickly, rising for the most part of the week.

Dollar Bounces as Fischer Doesn’t Discard Possibility of September Hike

The US dollar was rather soft for the most part of Friday’s session but bounced by the close with support of comments from Federal Reserve Vice Chairman Stanley Fischer.

Dollar Gains as Market Stabilizes, Data Supports

The US dollar gained on Thursday and retained its strength during the early hours of the Friday’s trading session. The currency rallied as markets stabilized after China’s scare. US economic data was also somewhat supportive for the greenback.

US Dollar Index Moves Higher, Although Gains Are Limited

US dollar index is moving higher today, recovering above the 94.00 level after yesterday’s drop to near the 92.60 level as the carnage in world markets weighed on a number of markets. Today, things are looking mostly up, and the greenback is higher, although gains are limited by speculation that the Fed won’t move to raise rates until the first quarter of 2016.

Week of Fed Minutes Ends with Losses for US Dollar

The US dollar has started the past trading week with a rally but it did not last long. The currency reversed its movement rather quickly and was moving down for the most part of the week. The Federal Reserve’s policy minutes were the major contributor to the greenback’s weakness.

US Dollar Remains Soft

The US dollar extended its weakness today following yesterday’s minutes of the Federal Reserve’s latest policy meeting. Economic reports from the United States were mixed today, but traders preferred to pay attention to the negative part of the data.

Dollar Weaker After Fed Minutes

The US dollar dropped yesterday after the release of the Federal Reserve policy minutes and continued to move lower today (though not against all major rivals). The report sent a confusing message to the markets, but most market participants considered it to be dovish.

Dollar Mixed After Housing Data

Today’s data from the United States was mildly supportive for the US currency, which has been also bolstered by the general risk-negative market sentiment. The dollar gained on the euro but fell versus the Great Britain pound and was flat against the Japanese yen.



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