Tag: Currencies

Dollar Recovers, Despite Ongoing Concerns About Trade and Debt

The U.S. dollar edged higher on Tuesday, buoyed slightly as traders returned from long weekends in the U.K. and U.S. However, lingering uncertainty over...

Dollar Keeps Falling, The Pound Sterling Rises on Higher Inflation

The U.S. dollar continued to decline on Wednesday, weighed down by uncertainty surrounding President Donald Trump’s proposed tax and spending bill. Meanwhile, the British...

Dollar Drops Again After the Tax Vote, the Euro Rises Because of Peace Talks in Ukraine

The U.S. dollar edged lower on Tuesday as markets focused on a pivotal tax bill vote, while the euro strengthened amid rising hopes for...

Dollar Plummets After Moody’s Downgrade; Euro and Pound Sterling Rise

The U.S. dollar tumbled on Monday following a surprise downgrade of the country’s sovereign credit rating by Moody’s, just days before a critical vote...

Dollar Falls After a Big Drop, the Euro Regains Ground

The U.S. dollar extended its losses on Wednesday following a sharp drop in the previous session, as cooler-than-expected inflation data reinforced expectations for rate...

Dollar Falls Slightly from Highs as Markets Eye U.S. CPI Report

The U.S. dollar edged lower on Tuesday but remained close to recent highs, buoyed by ongoing optimism following a trade agreement between the U.S....

Dollar Soars After U.S.-China Trade Agreement

The U.S. dollar surged on Monday after the White House announced a breakthrough trade agreement with China over the weekend, reviving optimism that the...

Dollar Rises Slightly Before the Fed’s Decision, The Euro Remains Resistant

The U.S. dollar edged higher on Wednesday, trading within narrow ranges as markets awaited the outcome of the Federal Reserve’s latest policy meeting and...

Dollar Pulls Back Ahead of Fed Meeting, Traders Cautiously Watch for Clues

The U.S. dollar edged lower on Tuesday, with investors growing increasingly cautious about holding U.S. assets amid ongoing concerns over economic growth and the...

Dollar Rises Slightly but Is Heading for a Sharp Monthly Loss

The U.S. dollar edged higher on Wednesday but remained on track for its steepest monthly decline since November 2022, weighed down by growing uncertainty...

Dollar Rises Slightly Before the Release of Crucial Economic Data

The U.S. dollar inched higher on Tuesday but remains on track for a steep monthly decline, pressured by persistent uncertainty surrounding tariffs and growing...

Dollar Rises After Trump Eases Criticism of Powell, Euro Falls Again

The U.S. dollar strengthened on Wednesday, building on the previous session’s rebound as market sentiment improved following President Donald Trump’s more conciliatory remarks regarding...

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