MARKET NEWS
The Dollar Climbs Highest in over Two Weeks
The Dollar Climbs Highest in over Two Weeks The dollar was up on Wednesday morning in Asia as concerns over U.S. Treasury Secretary Janet Yellen’s comments about increasing interest rates. The U.S. Dollar Index traces the greenback versus a basket of other currencies was high 0.31% to 91.210. The USD/JPY pair was steady at
Read moreDollar High as regardless of Surprise fall in U.S. Manufacturing Data
Dollar High as regardless of Surprise fall in U.S. Manufacturing Data The dollar was high on Tuesday morning in Asia as an unexpected slowdown in U.S. manufacturing growth cut off Investor bets on a booming U.S. economy giving the U.S. currency a boost. The U.S. Dollar Index traces the greenback against a basket of
Read moreDollar Constant as Traders Support for more U.S. Data
Dollar Constant as Traders Support for more U.S. Data After its recent bounce on Monday, the Dollar straightened as investors made a cautious start to a week packed with central bank meetings and U.S. economic data, anticipating evidence on the global inflation outlook and policymakers’ responses. Trade was reduced by holidays in Japan, China,
Read moreThe Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance
The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance The Dollar was high on Friday Morning in Asia but ready for a fourth successive week of losses because the US Federal Open market Committee met this week and decided to keep interest rates steady, near zero. The U.S. Dollar Index traces
Read moreDollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy
Dollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy The Dollar declined on Thursday morning in Asia, as the U.S. Federal permit in its most advanced policy decision the global reflation trade with persistently aggressive monetary policy. The U.S. Dollar Index traces the greenback against a basket of other major currencies slightly down
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