Usd News

Dollar Rebound is Limited, Euro and Sterling Fail to Advance Feb 22 2024

The S&P Global version of the PMI report featured a relatively more resilient performance of the US economy than the UK and Eurozone.

Citi: Dollar to Strengthen 5 Percent if Trump Wins US Election Feb 16 2024

Citi's research reveals bullish and bearish potential for the US dollar in light of the US Presidential Election in November 2024.

Dollar Falls after US Retail Sales Release Feb 15 2024

The fall of the US dollar is not only related to the missed US retail sales data, but also the statement of a Fed official.

Inflation Heats Up, US Dollar Rallies Feb 13 2024

The release of US CPI inflation data surpassed expectations, prompting traders to continue to push back the Fed's rate cut time forecast. Also buying the US dollar again.

Dollar Unenthusiastic to See US CPI Inflation Data Feb 12 2024

The US Dollar is moving in a narrow range against various majors ahead of tomorrow's US CPI inflation data release.

Dollar Steady with May Rate Expectations Feb 8 2024

The release of jobless claims data confirmed the resilience of the US labor market, thus driving dollar stabilization and Fed rate expectations.

US Dollar Slammed by Profit Taking Feb 7 2024

Market participants chose to take profits from the US dollar, as there are still doubts regarding the Fed's interest rate outlook.

Powell and Payrolls Align, Dollar Grows Stronger Feb 5 2024

Last week's Nonfarm Payroll data release gained fresh confirmation from Fed Chair Jerome Powell's interview and the ISM Nonmanufacturing PMI. As a result, the US dollar strengthened.

Nonfarm Payroll is a Hit, Dollar Gains Feb 2 2024

Tonight's Nonfarm Payroll (NFP) showed amazing numbers, almost double the previous estimate.

Dollar Consolidates Ahead of Today's NFP Release Feb 2 2024

If the NFP release is lower than expected later tonight, the market will likely unwind the US dollar and reconsider the chances of an interest rate cut starting in March.