The U.S. dollar struggled on Thursday as traders discussed whether the Federal Reserve would taper its asset purchases shortly or not. Investors are also waiting for closely watched U.S. inflation data, which is due this week. The
The U.S. dollar plummeted down to a 4-1/2 month low against a basket of other currencies on Tuesday. Federal Reserve officials’ insistence that policy would stay unchanged along with softer-than-expected U.S. data allayed traders’ fears
The U.S. dollar tumbled down near its lowest level in three months while the Euro skyrocketed on Monday. Investors contemplated the possibility of the Federal Reserve’s tapering its stimulus spending soon. They don’t believe it
The U.S. dollar steadied against major currencies on Wednesday. Investors awaited U.S. Federal Reserve minutes due later on Wednesday. They expect these minutes to confirm that policymakers believe a rate jump is still in the
Asia-Pacific markets gained on Monday. However, they may decline slightly today as investors on Wall Street abandoned technology stocks. Valuation concerns, along with coronavirus pandemic worries, linger over the global economic backdrop. On Tuesday,
Some Democrats and economists are concerned that U.S. President Biden is doing too much, too fast in his quest to see America out of coronavirus crisis. According to the analysts, so much spending could crank
The U.S. dollar traded steady on Friday. It seems set to post weekly gains against a basket of currencies. Market players are trying to assess the risk of U.S. inflation rising faster than expected, along
The U.S. dollar was steady in early European trading on Thursday. A surprisingly large rise in U.S. consumer prices bolstered inflation fears, causing the currency to strengthen in the previous session. According to the
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