The dollar neared a nine-day high on Thursday after the European Central Bank showed continued commitment to its monetary easing policy for the near term.
The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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Solid economic data helped to build momentum for the US Dollar, raising expectations of additional rate increases during the year.
The US Dollar steadied on promises by Federal Reserve member that more interest rate hikes were forthcoming this year.
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Oil prices were slightly higher on Tuesday morning as a weak dollar sent traders towards commodities instead of currency trading.
The Pound Sterling surged to a 7-week peak versus the US Dollar, gaining nearly 1% after President Trump’s healthcare bill was withdrawn from Congress.
The dollar fell during Monday’s Asian session after U.S. President Donald Trump’s proposed repeal of the Affordable Care Act failed to gather the necessary support during Friday’s vote
There will be an even lesser amount of high-impact news scheduled this week, compared to last week which was relatively light.
New U.S. single-family home sales hit a seven-month high in February, reports out on Thursday showed, fueling optimism about the country’s economic momentum despite the higher mortgage rates.
The US Dollar steadied against the common currency Euro as FX markets await a key vote on Trump’s healthcare plan in the U.S. Congress.
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The US Dollar struck a 4-month trough versus the Japanese Yen as risk-off sentiment grows.
Asian stocks saw their biggest drop in two weeks on Wednesday morning as investors faced fresh doubts about U.S President Donald Trump's economic plans and propsoed growth agenda.
For a brief moment, the EUR/USD edged above the $1.08, the first such occurrence in six weeks.
Asian shares hit 21-month highs during Tuesday’s morning session following signs of economic growth
The US Dollar edged lower again after this past weekend’s G20 summit where talk was dominated by the protectionist policies of the US President.
Despite thin Asian trading that resulted from a Japanese holiday, the dollar edged down against its primary trading partners, with the dollar index starting the week at 100.140 .DXY, a 0.16 percent decline.