The U.S. dollar bounced back on Wednesday, a day after its biggest daily loss in more than two months, as U.S. Federal Reserve chief Jerome Powell struck a more hawkish…
Tag: FOREXDollar
FOREX-Dollar hovers near two-decade high before inflation gauge
The dollar hovered near a two-decade high against major peers on Wednesday, ahead of a key reading on inflation that should provide clues on how aggressive the Federal Reserve will…
FOREX-Dollar holds near 20-year high, euro struggles
The dollar held near a 20-year high on Monday as the euro struggled around the $1.05 mark, as investors prepared for a busy week of central bank meetings including a…
FOREX-Dollar edges up but cautious as finance ministers meet
The dollar edged up on Thursday, supported by expectations for aggressive Federal Reserve monetary tightening, but it was well off the previous day’s peaks amid nervousness about what G7 might…
FOREX-Dollar eases as traders scale back bets on Fed tightening
The U.S. dollar edged lower on Thursday as markets considered whether the Federal Reserve might slow or even pause its tightening cycle in the second half of the year,…
FOREX-Dollar gains ground after Powell comments
The dollar strengthened against a basket of major currencies on Monday, in the wake of comments from U.S. Federal Reserve Chair Jerome Powell that opened the door for the central…