The Dollar languished near July lows in a favourable market for riskier currencies Monday as a dearth of supply and fresh optimism among investors over the outlook for U.S. and Chinese trade relations appeared to deflate the safe-haven greenback.
December 31,2019
The Dollar was on course for a fourth consecutive gain Friday after advancing on most major counterparts in pre-holiday trade, although the Euro's woes more than offset strength in the Pound as President Donald Trump pumped markets with bullish talk of progress in negotiations with China.
December 20,2019
The Dollar softened early on Thursday but analysts say the declines are the result of external factors, which are likely to continue dictating price action through the rest of the session, rather than the impeachment of President Donald Trump by the House of Representatives in Washington.
December 19,2019
The Dollar built on earlier gains Wednesday ahead of an eagerly-awaited House of Representatives vote on whether to impeach President Donald Trump although European currencies, the trade war with China and outlook for Federal Reserve (Fed) policy all matter more to greenback's trajectory in the short-term.
December 18,2019
The Dollar found solace and support in the punishment beating doled out to Pound Sterling Tuesday on reports suggesting Prime Minister Boris Johnson is seeking to create a new 'no deal' Brexit cliff edge, although European currencies could remain in the driving seat of the Dollar index over coming days.
December 17,2019
The Dollar softened against all major rivals other than safe-havens Monday as markets continued to celebrate an improved geopolitical environment which is being tipped by analysts to benefit so-called risk currencies in the weeks ahead.
December 16,2019
The Pound went from hero to zero Friday when profit-taking saw it hit the bottom of the major currency barrel ahead of the weekend and the outlook for the British currency is as uncertain as ever, with analysts and economists divided on the question of whether to expect further gains ahead or a return to earlier lows.
December 13,2019
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