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Usd News

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Dollar Dips on Disappointing Nonfarm Payroll, Supported by Price Data

May 3 2024    
Today's release of a range of US economic data caused the US dollar to fluctuate sharply.

Powell: Fed Won't Raise Interest Rates Despite High Inflation

May 2 2024    
Federal Reserve Chair Jerome Powell dismissed the possibility of a rate hike but also refrained from indicating a clear path for a rate cut. Consequently, the US dollar weakened.

PCE Inflation Strong, US Dollar Rises

Apr 26 2024    
The PCE report confirmed stronger-than-expected inflationary pressures in the US, boosting the US dollar ahead of next week's FOMC meeting.

US Dollar on Edge Ahead of Tomorrow's PCE Data Release

Apr 25 2024    
Economic data signals slower growth in the US economy, yet inflation pressures remain unexpectedly high.

Dollar Holds Steady Ahead of Wall Street Financial Reporting Season

Apr 22 2024    
The calendar only features a few key events that directly impact forex, so dollar traders are now focusing on the US equity markets.

Currency Intervention Concerns Grow, US Dollar Slips

Apr 18 2024    
The United States, Japan, and South Korea have agreed to closely consult on exchange rate issues. The market sees it as a precursor to currency intervention.

Powell Douses Speculation of Fed Interest Rate Cuts

Apr 17 2024    
The US Dollar exchange rate and US Treasury Yields rallied to multi-month highs following Remarks from several Fed Officials yesterday.

Dollar Rally Pauses After Israel-Iran Clash

Apr 15 2024    
The US dollar did not react to the news of the Israeli-Iranian clash. Some are even relieved at the lack of signs of conflict escalation.

US Dollar Boosted by These News Despite PPI Misses

Apr 12 2024    
The market was more confident in buying the US dollar, as some Federal Reserve officials emphasized the importance of patience in policy making.

US Inflation Stubborn, Dollar Takes the Lead

Apr 10 2024    
The rise in US inflation far exceeded many people's expectations, triggering significant changes in the US dollar exchange rate and the Fed's interest rate expectations.