Dollar Archive

Sterling closed up against the dollar yesterday, but slipped back nearly a cent from its intra-day high after a survey showed that consumer confidence in the US disappointed market expectations.

• In early trading, the markets continued to take the …

S & P500 index is inside a giant "wedge": the resistance trend line is at the level of 1113, support the trend line - in 1058. Reason to worry: the Dow Jones transport index over the last three trading days …

The British pound traded with a positive attitude and has already reached sessional maximum near $ 1.6430 - support the currency has a general weakening of the U.S. dollar, as well as the comments of the Bank of England Governor …

Having traded in the red during the morning session, the pound rebounded back over $1.64, climbing for the fifth consecutive day and reaching a near one-month high of $1.6422.

• The pound initially fell against the dollar, relinquishing last week’s …

Sterling made strong gains in early trading yesterday following better-than-expected employment data, but the price pulled back to close up 0.4% at $1.5980.

• The number of UK jobless claiming unemployment benefit rose by 20.8K in September, less than the …

The report on retail sales drop in September, which turned out to be weaker than analysts expected has had a positive impact on the dollar, which currently continues to demonstrate the desire to recover some losses . However, dealers noted …

The euro relinquished some of its recent gains against the greenback yesterday, with investors on the defensive ahead of the ECB rate decision today.

• A broadly stronger dollar was the currency of choice yesterday as investors trimmed “riskier” positions …

The pound continued to edge downward, undermined by speculation ahead of the MPC meeting later this week.

• Data revealed that Britain’s services sector grew more strongly than expected in September, expanding at its fastest rate for two years, quelling …

The euro pushed higher against the dollar yesterday in choppy trading, even as disappointing US economic data weakened stocks.

• The single currency made strong gains yesterday morning, supported by the results of the ECB cash tender offer.
  
• The volume …

A mixed bag of data in the US prevented the pound from sustaining early gains yesterday, eventually closing just 0.1% up on the day at $1.5980.

• The pound shot up against the dollar in early trading, posting an intra-day …