Tag: US Dollar

US Dollar Rebounds, but Pressure Remains

The US dollar rebounded against a basket of currencies on Thursday, but remained under pressure amid growing selling interest, suggesting that investors are becoming...

Commodities Stabilize, Dollar Declines

Commodity prices stabilized on Wednesday, while the US dollar declined sharply in favour of the euro as investors refrained from using the common currency...

Gold Crumbles, Dollar Spikes after Thanksgiving

The price of gold fell back near six-year lows on Friday and was headed for a sixth straight weekly decline, as the dollar firmed...

US Dollar Index Hits 100.00

The US dollar strengthened against a basket of currencies on Wednesday, as stronger than expected economic data reinforced the view that the Federal Reserve...

Dollar Strength Weighs on Gold Price

The US dollar pushed higher on Monday, driving gold prices back toward six-year lows as investors continued to price in a rate hike from...

Global Stocks Rally on Fed Minutes

Global stocks advanced on Thursday, following Wall Street higher amid clear signals from the Federal Reserve that interest rates will rise next month. The minutes...

Gold Hits 2010 Lows as Investors Eye Fed Rate Hike

Gold prices continued lower on Wednesday after plunging $15 in the previous session, as the markets braced for the first Federal Reserve interest rate...

European Stocks Turn Higher on Stimulus Bets

European stocks rebounded on Tuesday after geopolitical concerns left investors hopeful that the European Central Bank would introduce more stimulus next month. The pan-European STOXX...

US Dollar, Gold Rise after Paris Attacks

Global safe havens rose on Monday, as investors turned to risk-off trading following the terrorist attacks in Paris on Friday. More than 120 people were...

EUR/USD Turns Back from 1.08 on Disappointing Eurozone GDP

The EUR/USD was back on the defensive Friday, giving up the previous session’s gains after government data showed an unexpected slowdown in Eurozone growth. The...

Dollar Spikes to 7 ½ Month Highs on Surging Nonfarm Payrolls

The US dollar was trading at seven-and-a-half month highs against a basket of world currencies Friday after government data showed a much bigger than...

Dollar Falls as US Economy Brakes

The US dollar traded lower against a basket of currencies Thursday after government data revealed a sharp slowdown in US economic growth in the...

EUR/USD Holds 1.10, but Downside Risk Remains

The EUR/USD was little changed on Monday, holding above the psychological 1.10 level after plunging 3% last week on signs the European Central Bank...

US Dollar Slides on Weak Data

The US dollar declined on Wednesday after government data showed only a modest rise in retail sales and a bigger than expected drop in...

US Dollar Gains Traction on ADP Employment Figures

The US dollar climbed against a basket of world currencies on Wednesday after data showed a faster than expected rise in US job creation,...

US Dollar Surges amid Revised Q2 GDP Figures

The US dollar surged to one-month highs against a basket of currencies Friday after Federal Reserve Chair Janet Yellen left the possibility of a...

US Dollar Slips on Weak Durable Goods Orders

The US dollar weakened against a basket of currencies Thursday, as durable goods orders declined sharply in August, fueling concern about a slowdown in...

Stocks, US Dollar Decline as Fed Keeps Rate Unchanged

European stocks declined sharply on Friday, while the US dollar extended its losses after the Federal Reserve held its key interest rate at record...

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