US Dollar Records Worst Weekly Close in 13 Months Amid Fed Rate Hike Plans
The US dollar currently struggles to backtrack from what could be its highest weekly fall in over a year on Friday, as investors pulled…
Category
DXY
US Dollar Bounces From Two-Week Low Amid Positive Treasury Yield Pickup
The US dollar managed to muster a mild rally on Friday from a two-week low of 95.13, following better-than-expected job reports. The goodish data…
USD/CAD Retraces On Hopes of Alleviation of Ongoing Civil Unrest
The USD/CAD pair has retraced from its one-week high recorded yesterday as we head into the London session on Tuesday. The recent pullback in…
US Dollar Records Fourth Consecutive Rally on Tuesday Amid Worsening Russia-Ukraine Stand-off
The US Dollar Index (DXY), which tracks the price action of the dollar against the top seven currencies, enjoyed some upward mobility this week…
EUR/USD Slumps On Thursday Amid Risk Flight as Russia Military Invades Ukraine
The EUR/USD pair has fallen dramatically in the early European session on Thursday, coming a few inches to the 1.1200 support. The massive sell-off…
EUR/USD Etches Lower as Euro Suffer Backlash from Ukraine Crisis
The EUR/USD pair has maintained a downward trend for the past few days, although this trend follows a non-linear pattern. The pair traded around…
US Dollar Slumps from 2-Year Peak Amid US Bond Yield Slowdown
The US dollar has retraced mildly over the past 24 hours against most counterparts, as US yield gains slowed following the release of lower-than-expected…
Dollar Sheds Gains Following Rally to Multi-Decade Top
The US dollar lost some points against other top currencies on Friday, following a volatile week for the asset, as investors focused on the…
US Dollar Taps Two-Decade Peak Against Yen as BoJ Maintains Ultra-Dovish Stance
The US dollar index (DXY), which tracks the dollar’s performance against other benchmark currencies, soared to a two-week high in the Asian session on…
