US Dollar Index (DXY) Builds on Weekly Gain As Investors Brace for Credit Crunch
The US dollar picked up gains to kick off the trading week as investors brace for a possible credit crunch in the national economy. The…
Posts Tagged: Wholesale Inventories
US Dollar Index (DXY) Sideways As Producer Prices Accelerate to 11-Year High
The US dollar is slumping to close out the holiday-shortened trading week, driven primarily by a rally in the stock market and concerning economic data….
US Dollar Rallies on Monster July Jobs Report, Rising Treasury Yields
The US dollar strengthened to close out the trading week amid a better-than-expected jobs report. The greenback is on track for a weekly gain, adding…
DXY Extends Losses As April Jobs Report Comes in Way Below Forecasts
The US dollar is struggling to close out the trading week following “a huge disappointment” in the April jobs report. Many market analysts had been…
US Dollar Surges As Broader Financial Market Slides on COVID-19 Woes
The US dollar is surging against most of its major currency rivals on Thursday as the broader financial market slides. The greenback had started the…
Canadian Dollar Weakens on Steep March GDP Contraction, Capped by Energy Rally
The Canadian dollar is weakening against its G10 currency rivals at the end of the trading week, driving by a steep collapse in the gross…
US Dollar Weakens As Mixed Data, Fed Stimulus Drive Market
The US dollar is weakening against its G10 currency counterparts on Tuesday as mixed economic data and the Federal Reserve’s latest stimulus measures drive the…