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Dollar Looking for Economic Guidance Ahead of Busy Week

Dollar Looking for Economic Guidance Ahead of Busy Week

The U.S. dollar is higher against most major pairs on Friday ahead of the G20 meeting.

The greenback fell across the board on Wednesday after the market took the comments from Fed Chair Powell on interest rates to mean less rate hikes from the central bank.

Dollar Pays Heavy Price for Equity Sell-Off

Dollar Pays Heavy Price for Equity Sell-Off

The U.S. dollar was lower against most major pairs on Friday. The greenback dropped as investors flocked to safe havens away from the U.S. currency. Trade war concerns and its impact on U.S. companies have triggered a massive sell-off in equities. The U.S. dollar is on the back foot despite strong growth as evidenced by the release of the flash GDP for the third quarter that showed a 3.5 percent gain beating expectations.

Week Ahead: Trade War Anxiety and NFP Miss Sink U.S. dollar

Week Ahead: Trade War Anxiety and NFP Miss Sink U.S. dollar

The U.S. dollar closed the week mixed against major pairs after the U.S. non farm payrolls (NFP) headline jobs number failed to meet expectations. Fed Chairman Jerome Powell spoke on Friday and reassured investors the central bank would be gradually increasing borrowing costs in the U.S.

The Week Ahead: US Tax Reform to Guide Markets Ahead of Holidays

The Week Ahead: US Tax Reform to Guide Markets Ahead of Holidays

The much-awaited December rate hike came, but the US dollar remains vulnerable to the outcome of the Republican tax reform vote.

Trump, US Jobs, and Brexit to Guide Markets

Trump, US Jobs, and Brexit to Guide Markets

Geopolitical risk spiked in the US after the news broke that Michael Flynn pleaded guilty to lying to the FBI. Here's how it affected the markets.

Busy week ends with disappointing US jobs report

Busy week ends with disappointing US jobs report

The greenback fell when the US non farm payrolls (NFP) report showed the US economy added only 261,000 jobs, 50,000 short of the forecast.

The Week Ahead: Political Pressure Ahead of July Fed Meeting

The Week Ahead: Political Pressure Ahead of July Fed Meeting

The investigation into Russian ties along with the lack of momentum in policy reform put a spotlight on political uncertainty and weakened the US dollar.

The Week Ahead: Dollar Weaker After Hawkish Comments From Central Banks

The Week Ahead: Dollar Weaker After Hawkish Comments From Central Banks

American fundamentals have been mixed and rising concerns about the Trump administration’s ability to pass pro-growth policies are weighing on the dollar despite Central Bank efforts.

The Week Ahead: Dollar Struggles Despite Fed Rate Hike Boost

The Week Ahead: Dollar Struggles Despite Fed Rate Hike Boost

Political risk drags the US dollar down despite the U.S. Federal Reserve hiking interest rates by 25 points. See why investors are skeptical about Washington right now.