US dollar drops to two-week lows on US economy concerns
The US dollar fell to two-week lows against its major rivals yesterday after concerns over the US economy’s resilience sapped USD demand.
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The US dollar fell to two-week lows against its major rivals yesterday after concerns over the US economy’s resilience sapped USD demand.
The pound, euro and US dollar all wavered yesterday as markets waited for higher-impact data later in the week.
At the start of last week’s trade, the US dollar suffered some profit-taking after the US dollar index hit a 20-year high. However, a bearish market m
The euro nosedived on Thursday, pressured amid a flaring of tensions between Russia and the rest of Europe.
The US dollar trended in a wide range yesterday as fluctuating market risk appetite led to erratic trade in the safe-haven currency.
The US dollar trended higher on Friday, with the appeal of the safe-haven currency being buoyed by risk-off flows.
The US dollar retreated on Wednesday as markets reacted to the Federal Reserve’s latest interest rate decision.
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