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EURUSD1-052716.jpg The dollar is gaining ground against all of its major rivals Friday afternoon, after Federal Reserve Chair Janet Yellen signaled in her speech that a summertime interest rate hike is forthcoming. It will be appropriate for the Federal Reserve to raise interest this summer if the economy continues...

EURUSD2-052616.jpg The dollar is turning in a mixed performance against its major rivals Thursday afternoon and is little changed overall for the session. Investor caution ahead of the long holiday weekend seems to be keeping investors on the sidelines despite a trio of better than expected U.S. economic reports. First-time...

EURUSD2-052516.jpg The dollar is trading lower against its major European rivals Wednesday afternoon after a "major breakthrough" in talks between Eurozone finance ministers and Greece to unlock 10.3 billion euros in new bailout loans. There was no U.S. economic data to drive the direction of trading Wednesday. However,...

GBPUSD-052416.jpg The dollar is losing ground against the British pound after the latest polls showed a surge in support for the U.K. to remain a member of the European Union. Meanwhile, the buck is climbing against both the Euro and the Japanese Yen. The latest ORB Telegraph poll showed the supporters for remain camp...

EUR-USD-052316.jpg The dollar is trading nearly flat against its major European rivals Monday afternoon, after paring its early gains. Meanwhile, the U.S. currency is losing ground against the Japanese Yen following the release of a slew of Japanese economic data. There has been no U.S. economic data to drive the direction...

The dollar is rising against the British pound and the Japanese Yen Friday afternoon, but is down slightly against the Euro. Following the sharp rise in the U.S. currency on Wednesday, action at the end of the week has been relatively subdued. Global economic data was sparse on Friday, but investors...

EURUSD3-051916.jpg The dollar is turning in a rather lackluster performance Thursday afternoon, following yesterday's display of strength. The U.S. currency surged yesterday afternoon after the minutes from of the most recent Federal Reserve meeting strongly hinted that an interest rate increase is coming next month. After...

EURUSD1-051816.jpg The dollar is spiking higher against the Euro Wednesday afternoon and is also rising against the rest of its major rivals following the release of the minutes of the most recent meeting of the Federal Reserve. Federal Reserve policymakers see a rate hike coming in June, according to the minutes from...

The dollar is turning in a relatively flat performance Tuesday afternoon, as investors adopt a cautious stance ahead of the release of the minutes of the most recent meeting of the Federal Reserve tomorrow afternoon. Following the release of some better than expected economic data this morning, investors...

EURUSD2-051616.jpg The dollar is turning in a mixed performance against its major rivals Monday afternoon. Following the release of a pair of disappointing U.S. economic reports, the buck has begun to pared its early losses against the Euro and the British pound. However, the greenback has since risen to a new intraday...

The dollar rose versus European rivals Fridaym but was weaker agains the yen after upbeat retail sales data. The Commerce Department said retail sales surged up by 1.3 percent in April after slipping by 0.3 percent in March. Economists had expected sales to climb by 0.9 percent. A separate report...

The dollar was mixed versus major rivals Thursday as the Bank of England stood pat on interest rates. The BoE also issued its strongest warning yet that a vote to leave the European Union would dent economic growth. The dollar was wobbling versus the sterling at $1.448, but has bounced off of...

GBPJPY15-051216.jpg The British pound strengthened against the other major currencies in the European session on Thursday, after the Bank of England left its key record-low interest rate and the size of its asset purchases unchanged in unanimous vote. The Monetary Policy Committee, led by Governor Mark Carney, voted...

The dollar was weaker versus major rivals Wednesday, snapping a week-long win streak on speculation that the rally was overdone. Uncertainty about the Federal Reserve's timeline for hiking interest rates hurt the dollar in April, but a number of policy makers have recently insisted that June tightening...

The dollar was mixed Tuesday as traders weighed a trickle of U.S economic news. The Commerce Department released a report on Tuesday showing a modest rebound in inventories in March. The report said wholesale inventories inched up by 0.1 percent in March after falling by a revised 0.6 percent in...

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