Author: Dollar Index Updates

Dollar Index News

The US dollar is exhibiting a narrow mixed performance against the G10 currencies. The market is closely monitoring the upcoming US employment data, which frequently disrupts trading, set to be released on Friday. Indications point towards a potential ruling by the US Supreme Court regarding the legality of the extensive US tariffs enacted under emergency Read More

Dollar Index

The dollar remained within narrow ranges on Wednesday as market participants awaited a series of U.S. economic reports that may influence the Federal Reserve’s interest rate perspective, a factor deemed more significant for currency movements than the current geopolitical issues. Markets have largely overlooked the escalating geopolitical tensions globally, as evidenced by the rally in Read More

Dollar Index Updates

The U.S. dollar held steady close to a two-week high as trading began in Asia on Tuesday, with market anxieties regarding U.S. military actions in Venezuela subsiding and dovish remarks from Fed officials encouraging risk-taking on Wall Street. The dollar index, which measures its strength against a basket of six currencies, was last trading at Read More

Dollar Index News

The dollar commenced the first complete trading week of the New Year with strength, climbing to a 3-1/2-week high against the euro and reaching a two-week peak versus the yen. Currency traders predominantly overlooked the recent U.S. operation in Venezuela and the apprehension of President Nicolas Maduro, directing their attention instead to a series of Read More

Dollar Index Updates

The U.S. dollar began 2026 on a weak note on Friday, continuing its struggles against most currencies from the previous year. Meanwhile, the yen remained stable close to 10-month lows as traders anticipated economic data this month to assess the trajectory of interest rates. A narrowing interest rate gap between the U.S. and other economies Read More

Dollar Updates

A challenging year for the U.S. dollar is concluding with indications of stabilization; however, numerous investors anticipate that the currency’s downward trend will continue next year as global growth accelerates and the Fed implements further easing measures. The U.S. dollar has experienced a decline of over 9% this year against a basket of currencies, marking Read More

Dollar Index Updates

The U.S. dollar remained stable on Wednesday, yet it was on track for its largest annual decline since 2017, influenced by interest rate reductions, fiscal concerns, and unpredictable trade policies under U.S. President Donald Trump, which have created uncertainty in currency markets in 2025. Concerns are expected to persist into 2026, indicating that the dollar’s Read More

Dollar Index News

The dollar maintained its position above recent lows on Tuesday in anticipation of the forthcoming release of the minutes from the Federal Reserve’s December meeting, while China’s yuan showed resilience by strengthening past a significant psychological threshold against the U.S. currency. As the end-of-year holidays approached, liquidity diminished as traders speculated that the dollar might Read More

Dollar Index

The US Dollar Index remains steady at approximately 98.00 during the early European session on Monday. Anticipations surrounding US rate reductions in 2026, along with the imminent announcement of a new Fed Chair, may exert pressure on the US Dollar. Trump indicated that discussions regarding Ukraine are nearing completion, yet acknowledges that significant territorial matters Read More

Dollar Index

On Friday, the major currencies in the foreign exchange market remained subdued amid thin year-end trading. The U.S. dollar lingered close to its 12-week lows as investors evaluated Japanese economic data and considered the implications of potential future interest rate cuts in the United States. Trading volumes in the Asian and European foreign exchange markets Read More