Foreign Exchange Markets

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 dollar experienced a slight increase on Friday; however, it remained on track for its third consecutive weekly decline, impacted by the anticipation of rate cuts in the upcoming year. The dollar index, which measures the U.S. currency against six others, increased by 0.16% to 98.48, rebounding from a two-month low reached on Thursday, yet Read More