Archive for the ‘News’ Category

The greenback edged higher against the majors in the Wednesday session, pushing the euro beneath the 1.44-level and the sterling below the 1.70-figure as US equities drifted into negative territory. The economic reports released earlier

The dollar and yen were higher in Tuesday trading amid renewed declines in the equity bourses. The Nasdaq and the S&P 500 were lower by 1% and the Dow Jones softer by 0.75% in afternoon

The US dollar may have been the weakest of the majors, but most of the losses occurred during the European trading session. Indeed, the greenback actually started making headway following a flurry of US economic