Category: Forex Market Update
The dollar index rose sharply on Thursday after two U.S. job data releases reemphasized the fact that the labor market was significantly improving, fanning speculation that the Federal Reserve could now soon end its...
Stocks ended lower in trading on Friday as market sentiment was weighed down by concerns over a possible U.S. military intervention in Syria. The Dow Jones and the S&P 500 posted their worst monthly...
The U.S. dollar index remained near four-week high on Friday even as the trading volume was low due to month-end positioning and holiday season and concerns over any immediate U.S. military intervention in Syria...
The U.S. dollar turned sharply higher against all major traded currencies on Thursday after two closely followed economic indicators showed that the world’s largest economy was recovering, which could prompt the Federal Reserve to...
Stocks ended higher in trading on Wednesday following the sell-off in the previous trading session. However, geopolitical worries kept the gains in check. The Dow Jones ended the day 0.33% higher at 14,824.51, the...
The dollar index rose sharply on Wednesday as investors continued to flee equity markets and sought safety in the U.S. dollar as U.S. gears up for a possible missile strikes against Syria. At last...
Rising concerns over possible U.S. military intervention in Syria hammered global equities on Monday even as safe-haven currencies such as yen and dollar along with bullion and crude oil prices soared. The dollar index,...
Stocks ended higher in trading on Friday even as market participants digested some disappointing housing market data. The Dow Jones ended the day 0.31% higher at 15,010.36, the S&P 500 ended the day 0.39%...
Stocks shed early gains but remained in positive territory by mid-day trade on Friday despite a very tepid new-home sales data. At last check, the Dow Jones inched up 0.04%; the NASDAQ Composite Index...
The U.S. dollar traded higher against most of the major currencies on Friday as recent spike in yields of benchmark 10-year treasury boosted the demand for dollar; nevertheless, it eased against the euro after...