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dollar 080219 16sep21 The U.S. dollar drifted higher against its major counterparts in the European session on Thursday, as an unexpected spike in the nation's retail sales for August renewed hopes that the Fed would make a decision to reduce bond purchase program this year. Data from the Commerce Department showed that...

dollar 080219 14sep21 The U.S. dollar depreciated against its major counterparts in the European session on Tuesday, as a slowdown in the nation's consumer inflation for August diminished hopes for an immediate move to taper asset purchase program by the U.S. Federal Reserve. Data from the Labor Department showed that...

The value of the U.S. dollar has pulled back well off its best levels of the day but currently continues to see modest strength during trading on Tuesday.

euro march12 09sep21 The euro depreciated against its major counterparts in the European session on Thursday, as the European Central Bank left its monetary policy unchanged and decided to reduce the pace of emergency bond purchases to maintain favorable financing conditions. The Governing Council maintained the main...

australiandollar july02 07sep21 The Australian dollar pulled back from its recent highs against its major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia left its cash rate unchanged and decided to stick to a reduction in bond buying program despite virus worries. The policy board of the RBA headed...

dollar 080219 03sep21 The U.S. dollar drifted lower against its major counterparts in the European session on Friday, as a sharp slowdown in the nation's job growth for August raised hopes that the Federal Reserve may delay the start of tapering of the bond purchase program. Data from the Labor Department showed that U.S....

dollar 080219 27aug21 The U.S. dollar slipped against its major trading partners in the New York session on Friday, after Federal Reserve chair Jerome Powell signaled a gradual reduction in bond purchases as the spread of the Delta variant poses near term risk to the economic outlook. The economy has made substantial progress...

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