EUR/USD: Dollar Seeks Direction as Traders Zero in on Retail Sales Data
An increase of 0.7% month-on-month is expected in overall retail sales after two straight months of declines. The EUR/USD pair was floating…
Asia FX dips amid Fed uncertainty, dollar set for strong week
Most Asian currencies retreated on Friday, coming under pressure from uncertainty over U.S. monetary policy following mixed economic readings this…
Dollar slips lower, sterling gains after first quarter growth data
The U.S. dollar edged lower in early European trade Friday, handing back some overnight gains, while sterling edged higher after…
Dollar eases ahead of key U.S. inflation report
The U.S. dollar edged lower in early European trade Wednesday, but gains are limited ahead of the release of the…
Dollar edges up as market looks to U.S. debt ceiling talks, inflation data
(Reuters) – The dollar edged up against major currencies on Tuesday as traders awaited U.S. debt ceiling talks and new…
Dollar edges up as market looks to U.S. debt ceiling talks, inflation data
(Reuters) – The dollar edged up against major currencies on Tuesday as traders awaited clarity on U.S. debt ceiling talks…
Pound hits one-year high against struggling dollar
(Reuters) – Sterling hit an over-one-year high against the dollar on Monday as the greenback began the week under pressure,…
Dollar under pressure as traders await U.S. loans data
(Reuters) – The dollar began the week under pressure on Monday, with traders betting it might have peaked along with…
DXY: Dollar Index Set to Close Another Week in the Red as Rate Hikes Weigh on Sentiment
The American currency has been increasingly pressured on multiple fronts, both from the inside and out. The dollar index, DXY, is…
Dollar slides on banking, growth concerns; euro gains post ECB
The U.S. dollar fell in early European trade Friday, as traders fretted that the continued turmoil in the U.S. banking…