Browsing: US DOLLAR

US Dollar Rises Against Sterling, Euro Ahead of FOMC Minutes The US dollar rose against its major trading partners early…

China’s Foreign Exchange Reserves Drop to $3.2024 Trillion China’s foreign exchange reserves totalled 3.2024 trillion U.S. dollars at the end…

U.S Inflation Rate Climbs to 2.7% in November US consumer inflation climbed for a second consecutive month in November, according…

The US dollar rose against its major trading partners early Wednesday before a quiet data schedule for the remainder of the day that includes only weekly petroleum stocks data.

Prices of crude oil decline over rising U.S dollar. The global commodity market trading bearish ahead of US Federal Reserve (Fed) Chairman Jerome Powell speech. The U.S Fed chair is scheduled to speak on the economic outlook after inflation surge triggered caution markets temperature. Strong dollar has raised energy costs for major importers –China, US and India amidst geopolitical tensions.

The US dollar traded on a mixed note against its major trading partners in the forex markets on Wednesday—up versus the yen and Canadian dollar.

Post election trading pattern saw the US dollar strengthening against its major trading partners in the forex markets early Tuesday ahead of the release of consumer sentiment reading, the first for November, and New York Federal Reserve’s inflation expectations report for October.

Nigeria’s US dollar bond yield climbed to 9.70% as bearish sentiment nudged the yield curve despite a mixed outing…

US Dollar Declines Ahead of GDP Data The US dollar fell against its major trading partners early Monday, except for…

The US dollar fell against its major trading partners early Friday before the release of September home building data, and ahead of Fed appearance.