Category: Forex Market Update
The dollar index fell sharply on Tuesday as investors cut positive bets on the currency following partial U.S. government shutdown, which came in to effect from the midnight of October 1. Lawmakers failed to...
Stocks ended lower in trading on Friday as ongoing concerns over a possible government shutdown weighed down sentiment. The Dow Jones and the S&P 500 also ended lower for the week. The Dow Jones...
The dollar index fell sharply on Friday as concerns over policy stalemate on debt-ceiling issue in Washington continued to weigh on the sentiment with risker assets coming under pressure. The dollar index, a measure...
Stocks bounced back in trading on Thursday following a five-day losing streak. All three major indexes edged higher as investors digested some solid economic data. The Dow Jones ended the day 0.36% higher at...
The dollar index and global equities fell while safe-haven assets such as gold edged up as continued policy stalemate in Washington over debt ceiling issue kept investors risk-averse. The dollar Index, a measure on...
Stocks ended lower in trading on Friday as uncertainty over the Federal Reserve’s bond purchase program weighed down sentiment. Stocks also slipped amid concerns over the debt-ceiling issue. Earlier this week, stocks had rallied...
The dollar index recovered somewhat on Friday after falling to a seven week trough earlier this week as the panic sell-off of the U.S. unit, which was triggered after the Federal Reserve surprisingly opted...
The dollar index hovered near its seven month low on Thursday as investors continued to cut positions on the U.S. unit after the Federal Reserve surprised everyone by continuing with its $85 billion worth...
Stocks swung to negative territory by mid-day trade as market participants wait for the policy rate statement from the Federal Reserve, later in the afternoon. At last check, the Dow Jones edged down 0.27%;...
The U.S. dollar index eased on Wednesday as investors expect that the Federal Reserve’s pull-back of bond purchase program will be mild, to begin with. The Fed’s two-day open market committee meeting will conclude...