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.
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.
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.
July 12, 2019
Major US stock-index futures extended gains on Fed rate cut bets. The Federal Reserve Chairman Jerome Powell concluded his semi-annual monetary policy testimony while affirming that the Fed will do whatever it takes to sustain the current economic expansion which priced in an interest rate cut of 25 basis point in the coming monetary policy meeting.
July 11, 2019
The dollar index, which measures the greenback against a basket of major currencies, fell sharply to a low of 96.83 on dovish Powell's testimony.