The U.S. dollar remained rangebound on Monday. The forex market was subdued due to the holidays. Even the Federal Reserve’s hawkish turn was unable to rally currency. Policymakers recently signaled three quarter-point rate hikes in
The dollar index follows the dollar against a basket of half a dozen progressive economy countries. By 3:30 AM ET (0830 GMT) it was effectively untouched at 96.06. Moves in all the major currencies were
The dollar index (DXY) follows the dollar against a basket of half a dozen progressive economy countries. By 3:30 AM ET (0830 GMT) it was effectively untouched at 96.06. Moves in all the major currencies
The dollar index traded at 96.067 on Friday against the basket of six major peers. It changed slightly on the day. However, the currency has lost almost 0.6% over the last several sessions. The greenback
The USD recorded a wild ride in 2021. It welcomed a bearish sentiment through the first half of the year while has gotten support from strong economic indicators on the second half. Strategists are predicting
Since Monday, risk appetite had enhanced when markets were intimidated by government restrictions relating to the spread of the coronavirus Omicron variant. Behind U.S. Senator Joe Manchin said he would not back a new fiscal
The safe-haven U.S. dollar plummeted down almost to a one-week low against other major currencies on Thursday. Traders had more optimistic views about the global economic outlook, even though the Omicron coronavirus variant continues spreading
The euro rebounded on Wednesday after declining due to the risk-off mood on the markets. The Australian dollar and other riskier currencies also managed to recover against the safe-haven greenback as investors turned more positive
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