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Dollar Squeezed by Inflation and US Debt Ceiling Issues
May 10 2023The US dollar index (DXY) continued its sideways movement in the mid-range area between 101.00-102.00, while major pairs fluctuated limited.
Dollar Struggles, GBP/USD Reaches 1-Year High
May 8 2023 IG NewsGBP/USD reached its highest level in the past year at around 1.2660 at the end of Monday's European session.
Jobs Data Boosts Dollar amidst Banking Worries
May 5 2023 Market NewsThe Nonfarm Payroll data helped the US dollar strengthen against some major currencies, particularly the Japanese yen and the euro.
Dollar was Pressured Due to Final Rate Hike Signals
May 4 2023 IG NewsThe Federal Reserve did not explicitly state that it would end its interest rate hike cycle. However, dollar traders need to pay attention to several crucial changes.
US Economy Slowing Down, Dollar Remains Stable
Apr 27 2023 Market NewsThe US GDP report was disappointing, but market participants are more focused on one of its inflation data points. Other US economic data is also relatively good.
Limited Market Turmoil, Dollar Weakens and Euro Rises
Apr 26 2023 Market NewsMarket sentiment improved, causing traders to sell off safe-haven assets and return to buying rival currencies to the US dollar.
US Consumer Confidence Drops, Dollar Rebounds
Apr 25 2023 Market NewsThe US dollar strengthened due to the liquidation of higher-risk assets amid market concerns about the future of the global economy.
Soft US Economic Data Makes Dollar Weaker
Apr 21 2023 Market NewsRecent US economic data points consistently show a downturn, indicating a deteriorating situation faster than the market's expectations.
UK Inflation Triggers Risk-Off Sentiment, Stabilizes Dollar
Apr 19 2023 IG NewsThe latest inflation data in the UK stabilized both the pound sterling and the US dollar. This is because the increase in inflation has caused a risk-off sentiment.
Cut Your Trading Costs 50 Percent with Exness Dollar Rewards
Mar 24 2023 Broker PromotionsExness Dolla rewards is a special program that can be used to minimize spreads and commissions. How does it work and what are the terms?
