The dollar climbed up on Wednesday, its index trading at 91.004 after plunging to the low of 90.679 on Monday. This is its weakest level since March 3. Traders are waiting to see how the
The U.S. dollar remained near multi-week lows against the major currencies on Tuesday. Declining Treasury yields weighed on the greenback ahead of the Federal Reserve’s policy decision this week. Besides, stocks rallied worldwide during this
The Euro skyrocketed to an eight-week high against the U.S. dollar on Monday. The new German survey was disappointing. However, it was overshadowed by investors’ expectations that the U.S. Federal Reserve will maintain its dovish
The Euro continued rallying on Friday, rushing towards a seven-week high. European Central Bank President Christine Lagarde announced on Thursday that policymakers wouldn’t consider a tapering of bond purchases for the time being. Meanwhile, the
The euro climbed up on Thursday before a European Central Bank meeting. Analysts expect hints of tapering bond purchases and positive comments about the economic outlook to cause the currency’s rally. The ECB is due
The U.S. dollar steadied on Wednesday. In countries from India to Japan, a resurgence of coronavirus cases triggered broad-based weakness in stock markets. It renewed investors’ demand for the greenback. As a result, the currency
The euro skyrocketed to as high as $1.20715 on Tuesday, reaching such a level for the first time since March 3. Meanwhile, the British pound rallied to a fresh one-month high at $1.40090, jumping by
The U.S. dollar remained near a one-month low against major currencies on Monday. Treasury yields hovered near their lowest point in five weeks. The U.S. Federal Reserve announced that any rise in inflation would likely
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