Forex: The dollar fell to its lowest level in nearly eight weeks against the euro

The dollar is strengthening against a basket of currencies today. It is supported by the fact that US 10-year Treasury yields rose from a 15-month low. The market did not pay attention to worse data from the US economy.

The US Dollar continues to strengthen today, especially against the Euro and the Japanese Yen. It was supported by data from the US economy, but also by the weakening of the euro ahead of the upcoming meeting of the European Central Bank (ECB).

The US dollar is strengthening against most major currencies today. The growing tension in trade relations between the United States and China has reduced investors’ interest in riskier assets. The euro is down 0.1 percent against the dollar at 1.1190 EUR/USD.

The dollar continues to rise in the forex market today, helped in part by rising US bond yields. The dollar index, which measures the value of the dollar against a basket of six major world currencies, added 0.4 percent to 93.75 points before 4:30 p.m. CEST, the highest since early November last year.

The dollar rose to a ten-month high today, but later erased some of the gains. The rise in US government bond yields, which reached the highest level since 2007, contributed to the strengthening of the US currency.

The dollar exchange rate was virtually unchanged against a basket of currencies today in weak pre-weekend trading, but rose to a ten-week high against the Japanese yen. The US currency is mainly supported by interest rates, which are higher in the US than in other advanced economies, but also by the growth of US government bond yields.

The US dollar is strengthening in the markets today and its index rose to a five-week high. The currency was supported by an optimistic assessment of the US economy, which was presented in Congress by the new head of the central bank (Fed), which strengthened expectations that the Fed could raise interest rates more significantly. For the whole month, the dollar index could show the highest growth since November 2016.

The US dollar weakened against other world currencies today. The US currency is falling in response to a drop in US bond yields. Against both the Japanese yen and the Swiss franc, the dollar lost 0.2 percent to 106.39 USD/JPY and 0.9801 USD/CHF before 18:00 CEST. Investors fear that the US central bank (Fed) could signal further easing of monetary policy at the meeting of central bankers in Jackson Hole this week.

The dollar is strengthening today on the forex markets, mainly responding to the optimistic speech of the head of the American central bank (Fed) Jerome Powell. He gave a favorable assessment of the American economy and its prospects and, on the contrary, relativized the impact of current negotiations on trade relations on monetary policy.

The US dollar rose against the Japanese yen and the euro today on the forex markets. According to traders, the efforts to rid…

The exchange rate of the US dollar against the euro is unchanged today, investors are waiting for Friday’s report on the development of the labor market in the United States in July. The single European currency was trading at 1.1836 EUR/USD around 18:00 CEST. It was thus very close to Wednesday’s values.

The US dollar is weakening today on the forex markets against most of the world’s major currencies and, for example, against the Japanese…

The US dollar is strengthening against major world currencies today. The report on the solid growth of the US economy…

The US dollar climbed to its highest level in two decades against a basket of major currencies today. The euro itself fell to a five-year low against the dollar, the single European currency remains under pressure due to concerns about the impact of the Russian-Ukrainian conflict on the European economy. Around 5:45 p.m. CET, the euro lost roughly 0.3 percent to 1.0522 EUR/USD. During the day, it fell as low as 1.0470 EUR/USD, the lowest since January 2017, Reuters wrote.

The dollar is weakening against other major currencies today. It is mainly pushed down by the decline in yields from US government bonds, but also by uncertainty about further steps by the central bank (Fed) in the area of ​​interest rates and weak data on the development of the economy.

The dollar strengthened against most currencies today, especially emerging market currencies. The dollar index, which expresses the value of the dollar against a basket of six major world currencies, but is stagnant, hovered at 94.70 points around 18:00 CEST.

The US dollar is weakening significantly in the forex market today. The report on a surprisingly significant drop in inflation in the United States paves the way for the American Central Bank (Fed) to slow down the rate of interest rate increases. The euro gained roughly 1.6 percent against the dollar around 16:30 CET and was near EUR/USD 1.0170.

The US dollar fell to its lowest level in two and a half years today. Investors are oriented towards riskier assets. They expect a recovery in the world economy and additional monetary and fiscal stimulus in the United States.

The dollar fell sharply today after the publication of the report on the development of inflation in the United States in March. Year-on-year growth in consumer prices slowed to five percent from February’s six percent – more significantly than analysts expected. This strengthened expectations that the US central bank (Fed) will eventually stop raising interest rates after a possible increase in interest rates in May.

The dollar is weakening significantly today. Investors lean towards riskier assets. They are betting that the US central bank (Fed) is done raising interest rates. The Fed left interest rates unchanged at the end of a two-day monetary policy meeting on Wednesday. The British central bank made the same decision today.