U.S. Dollar Index Approaches 7 Month High on Fed Announcement

The U.S. Dollar rose toward a 7-month peak against other major currencies following the Federal Reserve’s unveiling of the latest weapon in their arsenal. Source: DailyForex News

U.S. Dollar Steadies as Markets Eye Wyoming

The U.S. Dollar firmed against the majors in Asian trading today and traders expect that it could see some additional gains ahead of the Federal Reserve’s Jackson Hole symposium. Source: DailyForex News

U.S. Dollar Investors Seen as Wary Ahead of Bernanke Speech

The U.S. Dollar slipped from a 2-week peak versus the Japanese Yen in Asian trading today, but is expected to more than recoup those losses on speculation that the U.S. Federal Reserve Bank will reaffirm that no further easing is likely in the near term. Source: DailyForex News

Dollar Drops against Safe Havens as Focus Shifts to U.S. Debt Ceiling

With the focus temporarily off of the Eurozone, investors shift their attention to the United States and the impending deadline for establishment of a new debt ceiling. As a result, the U.S. Dollar is under significant pressure on growing concerns that the policymakers there will fail to reach a deal and a debt default will [...]

Debt Debate Inspires U.S. Dollar to New Record Low against Swiss Franc

With politics still the name of the game in the United States, the U.S. Dollar earlier hit a record low against the safe haven Swiss Franc, as well as a 4-month low against the Japanese Yen in Asian trading. Source: DailyForex News

U.S. Dollar Falls Broadly in Asian Trading as Fear Reigns

The greenback was lower against its safe-haven counterparts the Japanese Yen and Swiss Franc, but also against commodity-linked currencies such as the Australian and New Zealand Dollars, which rallied on key economic data. Source: DailyForex News

U.S. Dollar Sell-Off Follows Bernanke’s QE3 Comments

The U.S. Dollar was party to a major sell-off yesterday following the Federal Reserve Bank Chairman’s testimony to the U.S. Congress. Bernanke made it clear that the continued sluggishness of the U.S. economy could warrant further stimulus and that the Federal Reserve is ready to provide it as and when they deem it necessary. Source: [...]

U.S. Dollar Higher Despite Fed’s Dovish Tone

Following the widely expected announcement yesterday that Federal Reserve Bank does not intend to provide any further stimulus to the U.S. economy the U.S. Dollar gained broadly in Asian trading. Source: DailyForex News

Euro Strikes 1-month Peak Ahead of U.S. Labor Data

Finding support from Greek bailout hopes and the likelihood of more weak labor data from the U.S., the Euro earlier struck a 1-month peak against the U.S. Dollar. Wednesday’s ADP jobs report, which was far worse than analysts had anticipated, is being used to gauge today’s release of U.S. Labor Department private sector payrolls. Source: [...]

U.S. Dollar Broadly Lower on Disappointing Data

Yesterday’s worse than expected data which detailed a still weak U.S. labor market and tepid first quarter growth pushed the U.S. Dollar broadly lower in Asian trading. Source: DailyForex News

Next Page »