The U.S. dollar rallied on Friday as traders were busy closing short positions after the Fed meeting. The dollar index skyrocketed, hitting a more than two-month high of 92.010. It is currently on track for a 1.6%
The U.S. dollar continued rising on Thursday, hitting its highest level in more than two months. The U.S. Federal Reserve hinted that it would raise interest rates, along with ending emergency bond-buying sooner than expected.
The U.S. dollar skyrocketed to a one-month high against a basket of major currencies on Tuesday. New data showed inflation speeding up, boosting the greenback. However, its gains were modest as investors awaited the outcome
The U.S. dollar tumbled down slightly in early European trade on Tuesday. However, it remained near multi-week highs ahead of the Federal Reserve’s latest two-day meeting. The Dollar Index declined by 0.1% at 90.442 against
The U.S. dollar climbed up against other currencies on Monday. The currency posted its biggest weekly gain in more than a month. Market players closed short positions ahead of a Federal Reserve policy meeting. In
The U.S. dollar index lowered on Friday as forex markets shrugged off Thursday’s high U.S. inflation number. Meanwhile, major currency pairs remained within recent ranges. Investors shared the Federal Reserve’s assurance that it is likely
The U.S. dollar tumbled down almost to a five-month low against major currencies on Thursday. Traders were waiting for the U.S. inflation data, along with a European Central Bank meeting scheduled later today. As a result,
The dollar was relatively steady on Wednesday, managing to retain its recent small gains. Investors are waiting for upcoming U.S. inflation data, along with a European Central Bank meeting to gauge the pace of global
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