After a shaky Monday, the USD recovered, and Tuesday is unlikely to see much movement. Amid renewed market sentiment, US Dollar (DXY) gains and remains […]
Tag: Dollar
Australian Dollar dips, RBA rate hike hopes cool down
Aussie experiences some pressure after mixed Australian CPI figures. Traders are keeping vigilance on the upcoming NFP data. Markets are backing down on the rate […]
US Dollar gains and shakes off FOMC losses
The US Dollar strengthens post-FOMC decision with market participants setting their sights on Friday’s Nonfarm Payrolls data. In spite of signs of disinflation, the US […]
Dollar nurses losses after Fed hints rate cuts on the way; yen firms
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was soft on Thursday after the Federal Reserve opened the door for an interest rate cut […]
Gold rises amid soft US Dollar as traders eye next week Fed meeting
Gold price bounces from daily lows of $2,356, now at $2,385. Fed’s preferred inflation gauge shows mixed results, edging closer to the 2% target. US […]
Australian Dollar closes a losing week on falling commodity prices and risk-aversion
AUD saw a marginal recovery on Friday but was one of the worst-performing G10 currencies. Falling commodity prices and Chinese economic woes weighed on the […]
US Dollar struggles with mixed PCE figures and rate cuts bets
US Dollar DXY struggling to rebound amid mixed PCE figures and anticipations of Fed cuts. The possibility of a rate decrease by the Fed in […]
US Dollar battles and gets favored by strong GDP revisions
US Dollar DXY trimmed losses after robust Q2 GDP figures US economy appears to remain resilient but dovish bets on the Fed remain steady. In […]
Australian Dollar extends losses amidst concerns around Australian and Chinese economy
AUD/USD saw a larger decline on Thursday, to land at 0.6550, reverting to the status of being the worst performing G10 currency. Persistent concerns about […]
Australian Dollar tallies weekly losses, RBA hawkish stance to limit the downside
AUD/USD registered a significant drop on Friday, slipping below 0.6700. Employment data continues to shape possible RBA and Federal Reserve decisions. The Aussie’s downside is […]