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Dollar Plunges on Fed Officials Comments Dollar Plunges on Fed Officials Comments

July 19, 2019
The dollar index which measures the greenback against a basket of major currencies plunged to a two-week low of 96.67 on the surprisingly ultra dovish comments of the New York Fed President John Williams.

Dollar Drops as US Yields Tumble Dollar Drops as US Yields Tumble

July 18, 2019
The dollar index, which measures the greenback against a basket of major currencies dropped to a low of 97.09 weighed down by the drop in US Treasury yields on renewed trade concerns between China and the United States.

Dollar Rallies on Upbeat Economic Data Dollar Rallies on Upbeat Economic Data

July 17, 2019
The dollar index, which measures the greenback against a basket of major currencies extended gains rising to a high of 97.44 on upbeat economic data.

Sterling Slumps on Brexit Uncertainty Sterling Slumps on Brexit Uncertainty

July 16, 2019
The British Pound lost ground against rivals amid ongoing Brexit uncertainty. The chance of the Eurosceptic Boris Johnson to win the leadership of the conservative party is rising.

Aussie Rallies on Encouraging Chinese Data Aussie Rallies on Encouraging Chinese Data

July 15, 2019
The Australian dollar strengthened against rivals supported by the encouraging Chinese economic data. The Reserve Bank of Australia lowered interest rates in two consecutive meetings to boost the economic activity as the board was afraid of the significant slowdown of the Chinese economy.

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