Category: Forex news

The U.S. dollar continued lowering for a fourth straight day on Friday. It reached its lowest level in more than two months today. Traders think that most of the market has already priced in the

The U.S. dollar tumbled down further on Thursday, plunging to two-month lows after U.S. inflation proved weaker than investors expected in December. As a result, market players decided to cut crowded long positions in the

On Tuesday, Federal Reserve Chair Jerome Powell gave no clear sign that the Fed was in a rush to run up plans for tightening monetary policy, putting some downward pressure on the dollar, which has

The U.S. dollar steadied later in Wednesday’s session after falling to an almost two-month low against other major currencies. Traders expected data to show a new rise in U.S. inflation that could strengthen the case

Protesters took to the streets in several country areas on Monday night. There were burning tires and angry voices at the alarming economic situation amid political deadlock. Cars queued at fuel stations to fill up

The U.S. dollar tumbled down on Tuesday. However, it stuck within recent ranges as traders waited for Fed Chair Jerome Powell to speak at a congressional hearing later today. Meanwhile, European shares rallied in early

After a late-session comeback for Wall Street, global stocks increased, while U.S. Treasury yields were a touch higher. Equity markets have had a soft start to the year, declining because of bets that the Fed

The U.S. dollar surged forward on Monday as investors bet that U.S. inflation would support a case for higher interest rates. At the same time, the European Central Bank stuck to its dovish stance on