Category: Forex Market Update
Stocks held moderate gains by mid-day trade on Thursday as a spate of strong earnings results and positive PMI data from China boosted the market sentiment. At last check, the Dow Jones gained 0.57%;...
The dollar index edged lower on Thursday as a set of another weak economic data from the world’s largest economy has raised the possibility that the Federal Reserve will keep intact its easy-money policy ...
The dollar index hovered near its multi-month low level on Wednesday as investors remained reluctant to take positive bets on the currency amid growing perception that the Federal Reserve will extend or even expand...
Stocks ended on a mixed note in trading on Monday as investors remained on the sidelines following last week’s rally. Investors were also cautious ahead of the release of September nonfarm payrolls on Tuesday....
The dollar index edged up on Monday as investors unwind some negative bets on the dollar amid expectation that the non-farm payroll report, which is due on Tuesday, might show strong numbers for September,...
Stocks ended higher in trading on Friday, with the S&P 500 closing at yet another record high, as some strong corporate earnings report and speculation that the Federal Reserve will continue with its bond...
The dollar index slipped to its eight and half month low on Friday as investors are worried that Washington’s temporary solution to avert the debt default will stoke uncertainty, which in turn keep pressure...
Stocks ended near session lows in trading on Tuesday as the political stalemate in Washington DC continued. With the deadline to raise the borrowing limit just two days away, the possibility of a deal...
The dollar index jumped to its one-month high on Tuesday after lawmakers said that they were nearing a deal over both spending and debt ceiling issues. The dollar index, which is measure on U.S....
The dollar index fell on Monday while safe-haven currencies such as yen and Swiss franc gained as lawmakers in Washington failed to break the logjam over both budget and debt talks, stoking concerns that...