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Dollar Rebound, Market Switch Focus on Fed Official's Statement
Nov 7 2023The focus of market participants this week has shifted from US economic data to statements made by Federal Reserve officials.
Australian Dollar Falls Despite RBA Rate Hike Announcement
Nov 7 2023The RBA's interest rate hike today does not have a positive impact on the Australian dollar exchange rate for two reasons.
Dollar Bearish Trend Might be Temporary
Nov 6 2023 IG NewsAmidst this current bearish trend, some analysts express opposing opinions regarding the future direction of the US dollar.
Dollar Gapped Due to Jerome Powell's Statement
Nov 2 2023 Market NewsMarket participants are focusing on Powell's uncertain comments following the FOMC meeting, which has negatively impacted the US dollar exchange rate.
US Economy Accelerates, Dollar Rise Again
Oct 26 2023 Market NewsToday's GDP data further highlights the superiority of the US economy compared to other major countries.
Dollar Weakens Following Ambiguous Speech From Powell
Oct 20 2023 IG NewsFederal Reserve Chairman Jerome Powell's speech helped various major currencies to halt the US dollar's rally.
Dollar Falls Despite Good Retail Sales Datas
Oct 17 2023 Market NewsThere aren't enough catalysts to increase the dollar. In the end, the US Dollar Index falls to 106.00.
Dollar Conquers Yen, But Loses to Other Rivals
Oct 16 2023 Market NewsThe speech of Fed Chairman Jerome Powell and other top officials will be the main focus of dollar traders for the next few days.
US Dollar Rises Due to Gasoline Price
Oct 12 2023 Market NewsEUR/USD and GBP/USD immediately plummeted, while AUD/USD and NZD/USD dropped more than 1.1 percent.
The Fed Official Urges Caution as the Dollar Weakens
Oct 10 2023 Market NewsThe Vice Chair of the Federal Reserve emphasizes the need to consider higher bond yields in future interest rate decisions.