Greenback plunges as Fed prepares release following policy meetings

Posted On: May 01, 2013
The U.S. dollar lost value on foreign exchange markets on Wednesday as the central prepared to announce its policy decision as two days of meetings adjourn later in the afternoon, according to Bloomberg. [More]

Category: Industry News

Dollar surges after strong jobs report

Posted On: March 08, 2013
The world's reserve currency pushed to its top value in nearly four years on foreign exchange markets on Friday against the Japanese yen in the aftermath of a economic data indicating the labor market of the globe's largest economy is gaining traction, Bloomberg reports. [More]

Category: Industry News

Dollar gains on sequester deadline, Chinese uncertainty

Posted On: March 04, 2013
The dollar rose during trading on foreign exchange markets on Monday, as the week opened with investors rushing to safe-haven currencies in the wake of the automatic spending cuts by the U.S. government. [More]

Category: Industry News

Dollar rises as central banks point to loose policies

Posted On: February 28, 2013
The U.S. dollar rose on foreign exchange markets, as the currency benefited from conjecture regarding a continuation of loose monetary policies by three major central banks. [More]

Category: Industry News

Greenback gains against most rivals

Posted On: January 28, 2013
The U.S. dollar rose Monday against most of its top rivals after economic data released in the U.S. regarding residences and durable good orders, according to The Associated Press. [More]

Category: Industry News

U.S. dollar rises before Congressional talks

Posted On: November 16, 2012
The greenback rose against the majority of its peers as news of a meeting of the U.S. Congress with President Barack Obama propelled the currency upward in morning trading. [More]

Category: Industry News

U.S. trade deficit fell to three-year low in June

Posted On: August 10, 2012
The sharpest drops in the price of crude oil in 36-plus months helped narrow the trade deficit of the U.S. during the month of June more than projected. [More]

Category: Industry News

U.S. CEOs lose confidence for second half of year

Posted On: August 08, 2012
The second half of this year will see economic conditions worsen, according to an increased number of chief executive officers who were polled in a private survey. [More]

Category: Industry News

Greenback gains as Bernanke stops short of committing to intervention

Posted On: July 17, 2012
The U.S. dollar rose in value on Tuesday as U.S. Federal Reserve chair Ben Bernanke told the U.S. Senate Banking Committee that the institution he leads is set to act if needed - but he stopped short of committing. [More]

Category: Industry News

Dollar gains against euro following fed chief testimony

Posted On: June 07, 2012
Words of the U.S.' central banker on Thursday strengthened the U.S. dollar against the common currency of the European Union. [More]

Category: Industry News