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Topic

US Dollar Currency Index

Why the USD matters?

Why the USD matters?

Updated 18 Jan, 2023 07:34am
Whenever I meet clients and investors, the one discussion I always end up having, regardless of market conditions, ...
Dollar struggles to hold gains after US reports jump in inflation

Dollar struggles to hold gains after US reports jump in inflation

Published 12 May, 2021 07:44pm
  • "The dollar is really going to struggle to hold onto gains," said Mazen Issa, senior foreign exchange strategist at TD Securities.
  • "The Fed has made it clear in no uncertain terms that they intend to look through transitory inflation factors and they are not perturbed by these moves," said Issa.
Dollar hovers above two-week lows

Dollar hovers above two-week lows

Published 08 Apr, 2021 05:39pm
  • Fed minutes offer no new catalysts to lift greenback.
  • Higher US stocks sap demand for dollar as a haven.
Dollar near two-week lows as investors await Fed minutes

Dollar near two-week lows as investors await Fed minutes

Published 07 Apr, 2021 08:22pm
  • The US Dollar Currency Index, which measures the greenback against a basket of six currencies, was 0.101% lower at 92.213.
  • Upbeat European data on Wednesday showing euro zone business activity bounced back to growth last month, also supported the common currency against the greenback.
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