Weekly Currency Transfer Roundup – January 8, 2024

Welcome to this week’s currency roundup! The US Dollar has made a surprising comeback, gaining +1.04% against other major currencies. This boost is a change from last week’s -0.32% dip. On Friday, the Dollar even nudged a bit higher, closing at 102.435. What’s behind this Dollar boost? Well, on Friday, a key report showed that…

Weekly Currency Transfer Roundup – December 18, 2023

Welcome to this week’s roundup, where the US Dollar experienced a notable seesaw in the currency market. After a -1.42% dip against major currencies earlier in the week, the Dollar managed a modest comeback on Friday, ending at 102.594 with a gain of +0.63%. The spotlight was on the Federal Reserve’s decision to maintain its…

Weekly Currency Market Roundup – December 03, 2023

Amidst the ebb and flow of global currencies, the US Dollar Index (DXY) has witnessed a subtle yet telling decline of 0.21% this week, continuing a three-week slide against a cohort of major counterparts. This persistent softening paints a picture of a dollar in retreat, challenged by the dovish echoes from Federal Reserve Chairman Jerome…