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Tag: Currencies

Dollar Soars After Trump Victory, Euro, Pound, and Yen Strongly Retreat

Currencies
The U.S. dollar surged on Wednesday, where it is poised to score its biggest one-day gain since March 2020, as Donald Trump moved closer...

Dollar Slips as U.S. Elections Loom, Uncertainty Prevails

Currencies
The U.S. dollar dipped slightly on Tuesday as it approached a closely contested presidential election, the outcome of which could lead to significant market...

Dollar slips ahead of elections; Fed and BOE also in focus

Currencies
The U.S. dollar retreated on Monday amid political uncertainty ahead of Tuesday's presidential election and also amid expectations that the Federal Reserve will cut...

Dollar Slows Gains on Jobs Data, Euro Gains on German GDP

Currencies
The U.S. dollar eased from recent highs on Wednesday, pausing its rally as markets awaited key macroeconomic data that could impact expectations for Federal...

Dollar Stabilizes Amid Upcoming Key Economic Data

Currencies
The U.S. dollar held firm on Tuesday as markets awaited a series of critical economic data releases this week, while Japan’s yen hovered near...

Dollar Stable as Data-Heavy Week Begins, Euro Inches Higher

Currencies
The U.S. dollar held steady on Monday, positioned for a strong monthly gain, while the euro remained mostly flat at the outset of a...

Dollar Hits Record Highs, Political Concerns Drive Safe-Haven Demand

Currencies
The dollar reached new highs on Wednesday as uncertainty over U.S. interest rates and the upcoming presidential election continued to support safe-haven demand. Risks Point...

Dollar Falls, Euro Rises on ECB Speakers’ Expectations

Currencies
The U.S. dollar declined on Tuesday, although it remained near its recent highs in an environment marked by uncertainty related to the pace of...

Dollar Gains on Cut in Rate Expectations, Pound Falls on Inflation

Currencies
The U.S. dollar rose on Wednesday, trading near two-month highs on expectations that the Federal Reserve will slightly cut interest rates this year, while...

Dollar Falls from Highs, Euro Gains on Strong German Data

Currencies
The U.S. dollar declined on Tuesday, though it remained near seven-week highs, as market traders analyzed the Federal Reserve's monetary policy estimates following last...

Dollar gains on Powell’s remarks; Euro falls ahead of CPI release

Currencies
The U.S. dollar rose on Tuesday as Federal Reserve Chairman Jerome Powell downplayed the possibility of another deep interest rate cut, while the euro...

Dollar Declines, Euro Approaches Multi-Month Highs

Currencies
The U.S. dollar weakened on Wednesday, adding to last session's losses, while the euro rose despite signs of economic weakness in the eurozone. Dollar Continues...
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