Forex Market Update: Dollar Index Slips
The dollar index slipped on Friday as investors keep a close eye on Washington, hoping lawmakers to break the budget impasse before the weekend. On Thursday, House Speaker, John Boehner led the GOP...
View ArticleForex Market Update: Dollar Eases as Stalemate over Debt Ceiling Talks Continues
The dollar index fell on Monday while safe-haven currencies such as yen and Swiss franc gained as lawmakers in Washington failed to break the logjam over both budget and debt talks, stoking concerns...
View ArticleDollar Index Gains as Concerns over Debt Default Ease Significantly
The dollar index jumped to its one-month high on Tuesday after lawmakers said that they were nearing a deal over both spending and debt ceiling issues. The dollar index, which is measure on U.S. unit’s...
View ArticleForex Market Update: Dollar Index Steady as Investors Expect a Budget Deal...
The dollar index held steady on Wednesday while global equities gained sharply as investors hope that congressional leaders will soon break the impasse over the budget talks and avert the debt-default....
View ArticleForex Market Update: Dollar Falls Sharply Against Major Currencies as Market...
The dollar index fell sharply on Thursday even after a bipartisan agreement over the budget issue. Analysts say that the shutdown of about 3 weeks has dented consumer confidence and took of the...
View ArticleForex Market Update: Dollar Index Falls to Eight and Half Month Low
The dollar index slipped to its eight and half month low on Friday as investors are worried that Washington’s temporary solution to avert the debt default will stoke uncertainty, which in turn keep...
View ArticleForex Market Update: Dollar Index Rises as Market Anticipates Strong Non-Farm...
The dollar index edged up on Monday as investors unwind some negative bets on the dollar amid expectation that the non-farm payroll report, which is due on Tuesday, might show strong numbers for...
View ArticleForex Market Update: Dollar Index Plunge after Weak Job Data
The dollar fell sharply against a basket of major currencies on Tuesday as unexpectedly weak job data has stoked speculation that the Federal Reserve will now push back its plans of tapering the bond...
View ArticleForex Market Update: Dollar Index Hovers Near Nine-Month Low Level
The dollar index hovered near its multi-month low level on Wednesday as investors remained reluctant to take positive bets on the currency amid growing perception that the Federal Reserve will extend...
View ArticleForex Market Update: Dollar Index Falls, Euro Hit Two-Year high against the...
The dollar index edged lower on Thursday as a set of another weak economic data from the world’s largest economy has raised the possibility that the Federal Reserve will keep intact its easy-money...
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