US Dollar Extends Weakness After Worst Job Revisions Since Global Financial Crisis
The US dollar extended its weakness in the middle of the trading week after the Bureau of Labor Statistics (BLS) published extensive revisions to employment…
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US Dollar Quiet in Overnight Trading Ahead of Key Q1 GDP Data
The US dollar struggled for direction in overnight trading against currency rivals. The broader financial markets have been directionless in recent weeks, failing to find…
US Dollar Posts Modest Gains As Interest Rates Expected To Go Higher
The US dollar posted modest gains in the middle of the trading week as investors continue to pencil in higher interest rates following Federal Reserve…
US Dollar Index (DXY) Starts March in the Red As Investors Digest Weak Data
The US dollar kicked off March in the red after recording a 3% gain in February. The greenback is mostly sliding on profit-taking, and investors…
US Dollar Surges As Strong Retail Sales Fail To Lift Stocks
The US dollar surged as the better-than-expected retail sales data failed to ignite a rally in the financial markets. The greenback has had a mixed…
USD/CAD Flat As Retail Sales, Other Data Flash Recession Signals
The US dollar is trading relatively flat against its Canadian rival in the middle of the trading week, with investors combing through the latest economic…
US Dollar Flat Ahead of Key Inflation Report
The US dollar is having a rough start to the new year, failing to extend last year’s gains. With the Federal Reserve expected to soften…
USD/CAD Tanks Below 1.3500 on Weaker Greenback Amid Market Rally
The US dollar tanked on Wednesday following a terrific rally in the financial markets. The greenback, which has been a safe-haven asset for the last…