Category: Forex Market Update
Stocks ended higher for a second successive trading session on Friday amid hopes that lawmakers will reach a deal on raising the debt ceiling. Investors’ sentiment was lifted after AP reported that House Republicans...
The dollar index slipped on Friday as investors keep a close eye on Washington, hoping lawmakers to break the budget impasse before the weekend. On Thursday, House Speaker, John Boehner led the GOP leadership...
Stocks surged in trading on Thursday, with all three major indexes ending the day at session highs, as concerns over a debt default eased after lawmakers in Washington DC moved closer to a deal...
The dollar index held steady on Thursday after climbing to its two week high against major currencies in the previous session. New reports that congressional leaders are likely to agree to a stop-gap solution,...
Stocks ended on a mixed note in trading on Wednesday after finishing sharply lower in the previous two trading sessions. Stocks initially gained on Wednesday as market sentiment was lifted by reports that President...
The dollar index rose sharply on Wednesday amid rising speculation that lawmakers might reach a deal over the debt-ceiling just before the deadline even as news that Janet Yellen, who is perceived to have...
The U.S. dollar Index rose slightly on Tuesday as lawmakers showed some signs of reaching a stop-gap agreement; however, the U.S. unit is likely to feel the pressure in coming days as the standoff...
Stocks ended sharply higher in trading on Friday, following two straight days of losses, even as the government shutdown continued and there were no signs of a budget deal in Washington DC. However, the...
Stocks ended lower in trading on Wednesday amid concerns over the ongoing budget talks in Washington DC. However, all three major indexes managed to finish off session lows. The Dow Jones ended the day...
The U.S. dollar traded broadly lower on Wednesday as lack of progress over the budget talks stoked concerns that the shutdown of federal agencies could continue for a longer period of time and lack...