March 22, 2018
The Federal Open Market Committee, that is responsible for interest rate decision and money supply, hiked interest rate bound from 1.25%-1.50% to 1.50%-1.75%, which is the highest interest rate in United States since last 10 years.
March 21, 2018
On Tuesday, the dollar index gained some strength after disappointing inflation numbers from United Kingdom and Zew Economic Sentiment from Germany.
March 20, 2018
On Tuesday, the Greenback rose slightly vs. its major peers, as investors are awaiting the minutes of the Federal Reserve’s meeting policy on Wednesday, for fresh indications on the future pace of interest rate hikes.
March 19, 2018
On Monday, the Greenback rose against a basket of major currencies as investors are awaiting for new Federal Reserve Chair Jerome Powell's first monetary policy meeting later this week, despite ongoing U.S. political worries are expected to limit the Dollar’s gains.
March 16, 2018
On Friday, The U.S. dollar inched lower vs. a basket of major currencies, moving away from a one-week high after the Washington Post reported yesterday that the U.S. President Donald Trump has decided to replace his national security adviser, H.R. McMaster, increasing fresh worries over U.S. political turmoil.