The dollar is climbing against all of its major competitors at the end of the trading week. The stronger than expected increase in U.S. consumer confidence helped to assure investors of recovery in the U.S. economy, following the release of some weak data in recent days.
Consumer sentiment in the...
The dollar is slightly weaker against its major competitors Thursday, following the release of some disappointing economic reports. Weekly jobless claims increased more than expected, while housing starts declined more than expected.
With energy prices showing a substantial decrease, the Labor Department...
The dollar is gaining ground against the Euro on Wednesday, but is close to unchanged against both the pound sterling and the Japanese Yen. Weak GDP data from the Eurozone is largely responsible for the dollar's strength.
Wholesale inflation remained in check in April. New government figures showed...
The dollar is currently gaining ground against its major competitors on Tuesday. While some economic data out of Europe came in below expectations today, U.S. data was in line with expectations.
Import prices in the U.S. fell in line with economist estimates in the month of April, according to a report...
The dollar is little changed in comparison to the Euro and the Japanese Yen on Monday, but is gaining ground against the pound sterling. The results of the G7 meeting were in focus at the start of the new trading week, as well as some better than expected economic data.
Retail sales in the U.S. unexpectedly...
The dollar is currently gaining ground against all of its major competitors on Thursday, following the release of the better than expected weekly jobless claims data.
First-time claims for U.S. unemployment benefits unexpectedly saw another modest decrease in the week ended May 4th, according to...
The dollar is currently losing ground against all of its major competitors Wednesday, as the risk appetite of investors increases. Equity markets are rising at mid-week, extending recent gains. Some better than expected economic data from both China and Germany are helping to drive equities higher.
European...
The dollar is currently trading mixed against its major competitors on Tuesday. The U.S. currency is down slightly against the Japanese Yen, near unchanged against the Euro and rising against the pound sterling. There has been little news to drive the direction of trading.
The International Monetary...
The Australian dollar came under pressure on Tuesday after the Reserve Bank of Australia trimmed interest rates by a quarter point to a historic low of 2.75 percent to boost economic growth.
The board judged that a further decline in the cash rate was appropriate to encourage sustainable growth in...
The dollar is gaining ground against all of its major competitors on Monday. Equity markets are taking a bit of a breather at the start of the new trading week, following the rally at the end of the previous week.
European Central Bank President Mario Draghi reiterated comments he made last week...
The dollar began to climb against its major European competitors ahead of the jobs report for April this morning, but sharply reversed direction after the report came in stronger than anticipated. The U.S. currency is now down against the Euro and the pound sterling, but is gaining ground against the...
The dollar is gaining ground against all of its competitors on Thursday. The currency surged against the Euro, after the European Central Bank decided to reduce its interest rate. The Federal Reserve on Wednesday maintained its $85 billion per month asset purchase program, hoping to steer the U.S. economy...
The dollar is currently down against its major competitors on Wednesday, as investors await the announcement from the FOMC policy meeting. The Fed is expected to leave the fed funds target rate unchanged at a range of zero to 0.25 percent.
Another reason for the modest activity at the middle of the...
The dollar is falling against all of its major competitors on Tuesday. The losses accelerated following the release of the weaker than expected Chicago PMI data.
Chicago-area business activity unexpectedly contracted in the month of April, according to a report released by the Institute for Supply...
The dollar is currently trading mixed against its major competitors on Monday. The U.S. currency is up slightly against the Japanese Yen, falling against the Euro and is nearly unchanged in comparison to the pound sterling.
While the Commerce Department released a report on Monday showing that U.S....