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…
Welcome to the first roundup of 2024! This week, the US Dollar had a bit of a tough time, dropping by -0.32% against other major currencies. Despite a small win on Friday, where it went up by +0.17%, the Dollar’s been feeling a bit under the weather lately. Let’s rewind to the last trading day…
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…
Buckle up for a surprising twist in the currency tale as the US Dollar made a bit of a comeback this week. After dropping for three weeks, it’s up by 0.77% compared to other important currencies. On Friday, the Dollar reached its highest point in over two weeks, ending up at 104.263, which is quite…
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…
