21st June 2017
The Greenback managed to hold its gains yesterday following Dudley comments. New York Fed President William Dudley stated on Monday that the U.S. inflation is a bit low, but should rebound alongside wages specially with labor market improving.
20th June 2017
The U.S. dollar recovered yesterday vs. a basket of major currencies after New York Fed President William Dudley said that the U.S. inflation should hike alongside wages, reinforcing expectations for the Fed to keep raising interest rates.
19th June 2017
The Greenback failed to manage its gains following the Fed's decision to raise interest and sell off the assets estimated by $ 4.2 trillion during the year.
16th June 2017
On Thursday, the Greenback recovered yesterday vs. a basket of major currencies following the Federal Reserve’s policy decision as traders began to assess the potential for another U.S. rate raise later in the year,
15th June 2017
On Wednesday, the Greenback recovered as the Federal Reserve hiked interest rates by 25 basis points, recorded as the second rate hike of 2017. However, it was agreed to hike rates even with the anticipations of inflation running well below the central bank's target.