|Day's range||1.326 - 1.338|
|52-week range||1.2062 - 1.3382|
Investing.com – The U.S. dollar was on track to post a weekly loss against its rivals as mixed U.S. economic data weighed on sentiment and ongoing euro strength curbed upside momentum.
The U.S. dollar rallied to its best level in a year against its Canadian rival Friday morning, thanks to sluggish Canadian economic data that underlined the fragility of Canada’s economy. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB) meanwhile, was down 0.2% at 94.535. Friday morning’s Canadian data showed May inflation at 0.05%, underperforming the forecast of 0.5%, while core inflation slowed to 1.9% for the 12 months ended in May, from 2.1% previously.
The euro remained higher on Friday, as the U.S. dollar fell and trade concerns lingered. EUR/USD rose 0.26% to 1.1633 as of 11:24 AM ET (15:24 GMT) after French and German business activity in June came in higher than expected, easing concerns of a slowdown in the eurozone. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.19% to 94.36.
Investing.com - The euro was steady on Friday, as the U.S. dollar fell amid trade war concerns.French and German business activity in June came in higher than expected, easing concerns of a slowdown in the eurozone.EUR/USD rose 0.57% to 1.1669 as of 5:18 AM ET (9:18 GMT) while the pound was higher, with GBP/USD rising 0.52% to 1.3308.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.42% to 94.14.Tensions between the U.S. ...
Investing.com – The U.S. dollar gave up its early gains against its rivals following weaker Philadelphia Fed data and a rebound in sterling after the Bank of England's hawkish pivot.
Investing.com – The U.S. dollar was roughly unchanged against its rivals Wednesday as softer U.S. economic data and a rebound in sterling kept a lid on upside momentum.
Investing.com – The U.S. dollar rose to its highest level in nearly a year against its rivals, as U.S.-China trade-war concerns intensified after U.S. President Donald Trump threatened China with fresh tariffs.
Investing.com - The dollar rose to the day’s highs against a currency basket on Tuesday and pared back some losses against the safe haven yen as heightened trade tensions between the U.S. and China soured risk appetite.
Investing.com - The dollar fell to one-week lows against the safe haven yen on Tuesday as escalating trade tensions between the U.S. and China weighed on market sentiment.
Investing.com – The U.S. dollar was roughly unchanged against its rivals Monday as trade-war angst fuelled demand for safe-haven currencies, keeping a lid on upside momentum in the greenback.
Investing.com - The dollar pushed higher against a currency basket on Monday, boosted by the diverging monetary policy outlook between the U.S. and Europe, while the yen remained supported as trade tensions underpinned safe haven demand.
Investing.com – The U.S. dollar retreated Friday as the U.S. said it would move ahead with hefty tariffs on Chinese goods, raising fears of a trade war between the world's two largest economies.
The euro was steady on Friday, as the U.S. dollar fell amid trade war concerns. U.S. President Donald Trump announced a 25% tariff on $50 billion of Chinese goods on Friday, with China threatening to respond. The two largest economies in the world have been in a tit-for-tat over global trade tariffs in recent months as the two struggle to reconcile their trade differences.
The euro attempted to rally from its worst week in 19 months, as the U.S. dollar fell amid trade concerns. U.S. President Donald Trump announced he would impose tariffs on $50 billion of Chinese goods, which will be revealed on Friday. The euro was higher but still remained under pressure after the European Central Bank indicated on Thursday that it would hold interest rates steady until at least the summer of 2019.
Investing.com – The U.S. dollar rallied to a two-week high against its rivals Thursday as a rout of the euro prompted traders to buy the greenback after the European Central Bank said it would leave interest rates unchanged until the summer of 2019.
Investing.com – The U.S. dollar fell against its rivals despite upbeat economic data pointing to signs of faster inflation as traders awaited the Federal Reserve's interest rate decision due 2PM ET.
Investing.com – The U.S. dollar edged higher against its rivals Tuesday as upbeat U.S. inflation data reaffirmed price pressure were building as the Federal Reserve got its two-day meeting underway.
A popular measure of the U.S. dollar climbed to its best level in four sessions early Tuesday in New York ahead of key central bank meetings, starting later today with the Federal Reserve, which could influence currency trade. A highly anticipated summit between U.S. and North Korean leaders held in Singapore also was in focus for currency traders. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB) which measures the buck against six rivals, was up 0.2% to 93.720, the index’s strongest level in four sessions.
Attention swings to Trump-Kim meeting in SingaporeAFP/The greenback rose against the loonie on Monday. A popular gauge of the U.S. dollar reclaimed some lost ground Monday, driven higher by gains against the Japanese yen and Canadian dollar. Perceived as a traditional haven asset, the yen softened ahead of the U.S.-North Korea summit in Singapore, which could lead to the denuclearization of the Korean Peninsula.
Investing.com – The U.S. dollar traded modestly higher Monday as the euro pared some of its gains despite expectations the European Central Bank at its meeting later this week will adopt a more hawkish stance on monetary policy tightening.
The Canadian dollar slumped Monday as a new chapter opened in the trade spat between Canada and the U.S., and there’s little to keep the currency from extending its slide, an analyst said. The Canadian dollar (USDCAD)(CAD), also called the loonie, was among the worst performers on Monday following the Group of Seven industrialized nations summit that saw President Donald Trump and U.S. officials blast Canadian Prime Minister Justin Trudeau and escalate tensions with allies over trade issues. Trudeau criticized tariffs on steel and aluminum imports that the U.S. put into effect at the beginning of the month.
Investing.com - The pound slid lower on Monday after a slew of disappointing UK economic reports, while the euro was slightly higher as markets braced for a big week, which includes meeting of the Federal Reserve and the European Central Bank.
Investing.com - The euro climbed on Monday, eyeing a move towards last week’s three week highs ahead of the upcoming European Central Bank meeting this week, while the dollar erased early losses against the yen as investors shrugged off geopolitical woes.
Mexico, Canada and the U.S. were expected to reach a deal in principle on the renegotiation of the North American Free Trade Agreement in May. Now that it’s June and a deal is nowhere to be seen, analysts wonder what’s next for these trade partners and their currencies. What’s more, political uncertainty may hang up the trade talks even more. Between the November mid-terms in the U.S. and Mexico’s presidential election, there was a lot of uncertainty about the climate Nafta 2.0 would be born into.
Investing.com – The U.S. dollar rose Friday but looks set to post its biggest weekly loss since March as traders remained wary of escalating trade tensions after the G7 meeting got underway.