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Have We Seen a Short-Term Bottom for the Dollar?
The US Dollar Index (UUP) managed to close in positive territory in the week ended February 8, 2018, after posting seven consecutive weekly losses.
Will the Euro Continue Its Momentum?
Markets will remain focused on the ECB policy meeting scheduled for Thursday this week.
Will the US Dollar Index Strengthen before the FOMC Statement?
Asian currencies traded lower against the dollar ahead of the FOMC statement. The US dollar-Japanese yen currency pair rose by 0.80% at 6:00 AM EST on July 27.
Will Yellen’s Hawkishness Drive the US Dollar Higher?
The US Dollar Index (UUP) closed at 95.79 with a rise of 0.39% last week. This rise was a welcome relief for the dollar.
Euro Reaches 23-Month Peak: Could It Climb Higher?
Euro rallies to a 23-month peak Last week, the euro (FXE) closed at 1.17, appreciating by 1.7% against the US dollar (UUP). The currency has appreciated by more than 10% against the US dollar this year, making it one of the strongest developed market currencies. Improving economic conditions and a stable political climate turned the […]
Euro Jumps to 5-Month High after French Exit Polls
On Sunday, after the announcement of the French Presidential election exit polls, the euro jumped a near five-month high against the US dollar.
Why Did the Germany ZEW Economic Sentiment Fall?
The Germany ZEW Economic Sentiment Index is at ten in August 2017—compared to 17.5 in July 2017. It didn’t meet the market’s expectation of 15.0.
Dollar Index Has Been Falling since Start of 2017
On a year-to-date basis, the dollar index has fallen nearly 9.5% as of August 2, 2017.
Why the Euro Slumped on Dovish ECB Statement
The euro fell by more than 2% against the US dollar after the ECB (European Central Bank) meeting on October 22, 2015.
Bank of England Raises Interest Rate to 0.50%
The BOE (Bank of England) in its November meeting increased its benchmark interest rates from 0.25% to 0.50%.
Eurozone ZEW Economic Sentiment Fell after a Year
According to a report by the Centre for European Economic Research (ZEW), the Eurozone ZEW Economic Sentiment Index fell to 29.3 in August.
The British Pound after Brexit: Inside the Astounding 30-Year Low
On Friday, June 24, when the UK announced it would exit the EU, the pound fell to a 30-year low.
Why Did the Euro Appreciate against the US Dollar?
European equity markets didn’t have the same enthusiasm as the euro, as new tariff threats to the European car industry from the Trump administration unnerved investors.
US Dollar Is Dominating the Forex Markets
The US Dollar Index (UUP) managed a sharp recovery last week. The appreciation seemed to be due to tariff announcements.
What’s the Link between Italian Policy and the Euro?
The euro-dollar (FXE) exchange rate managed to move back above 1.16 against the US dollar (UUP).
Why Italian Election Uncertainty Drove EUR-USD Lower
Last week, the euro-dollar (FXE) exchange rate moved below 1.16 for the first time in six months.
What’s Driving the US Dollar Higher?
The US Dollar Index (UUP) continued to appreciate but did so slowly in the week that ended on May 25.
Why Disappointing Data Has Had Limited Impact on the Euro
The euro-dollar (FXE) exchange rate closed at 1.2 on May 11, with the euro depreciating by 0.13% against the US dollar (UUP).
What Drove the US Dollar Lower Last Week
The US dollar index (UUP) took a breather last week, closing at 92.44, 0.03% higher than its close of 92.41 in the week ended May 4.
Why the Euro’s Gap with the US Dollar Is Widening
The euro-US dollar (FXE) exchange rate closed at 1.19 on May 7, with the euro depreciating 1.4% against the dollar (UUP) in May following a 2.0% decline in April.
Dollar Bears Under Pressure as Short Squeeze Continues
In April, the US dollar index posted one of its best monthly gains (2.0%) since November 2016, and it looks set to continue with the trend this month.
Euro Depreciated despite Hawkish European Central Bank Statement
The euro-dollar (FXE) exchange rate closed the week ending April 27 at 1.2131, depreciating 1.28% against the US dollar (UUP).
Why Did the US Dollar Appreciate with Bond Yields?
The US dollar index saw one of the best weeks in over a year as the US dollar surged past many major currencies.
Why the Euro Slid despite the European Central Bank’s Optimism
The ECB (European Central Bank) left its policy unchanged at its April meeting, squashing any hopes for tightening in the near term.
Is the European Central Bank Preparing for Policy Normalization?
At its April policy meeting yesterday, the European Central Bank left policy measures unchanged.
Central Banks Could Drive the Euro-US Dollar Rate This Week
The euro-dollar (FXE) exchange rate closed the week ending April 20 at 1.23. The exchange rate depreciated 0.35% against the US dollar (UUP).
US Dollar Falls after Trump Comments on April 16
The US dollar (UUP) came under pressure after Donald Trump fired off a tweet about Russia and China on Monday.
Why the Euro Was under Pressure Last Week
The euro-dollar (FXE) exchange rate closed the week ending March 16 at 1.22, a fall of 0.15% against the US dollar (UUP).
Why ECB Chair Mario Draghi Dampened the Mood of Euro Bulls
The euro-dollar exchange rate closed the week ended March 9, 2018, at 1.23, depreciating 0.08% against the US dollar.
Why the US Dollar Could Gain This Week
According to Reuters’ calculations, the US dollar’s net short positions decreased to -$11.5 billion compared to -$11.3 billion in the previous week.
Why Italian Election Uncertainty Could Weigh on the Euro
The euro-dollar (FXE) exchange rate closed the week ending February 23 at 1.23, depreciating by 0.91% against the US dollar (UUP).
What to Expect from the Euro This Week
The euro-dollar (FXE) exchange rate closed the week ending February 16 at 1.24, an appreciation of 1.4% against the US dollar (UUP).
Equity Market Rout Stalled: Will US Dollar Resume Its Slide?
The US Dollar Index, whose slide had been stalled in the past two weeks, saw losses as markets recovered last week.
Euro Falls Despite Strong Economic Data
The euro-dollar exchange rate tests 1.22 The euro-dollar (FXE) exchange rate closed the week ended February 9 at 1.22, with the euro depreciating 1.8% against the US dollar. Whereas there was no disappointing economic data reported last week, risk aversion arising from a global equity market sell-off pushed foreign exchange traders towards the safety of […]
What’s Boosted the US Dollar
US dollar posts second consecutive weekly gain Last week, the US dollar index, which has seen continuous declines in the last two months, managed to close in positive territory for a second consecutive week. Increased demand for safe-haven assets during the recent equity market rout boosted demand for the US dollar in foreign exchange markets. In […]
Why the Euro Is Still the Best among G7 Currencies
The euro (FXE) exchange rate closed the week ended February 2, 2018, at 1.2462, rising 0.33% against the US dollar (UUP).
Is Bitcoin a Bubble?
The price of bitcoin (SOXL) (SOXX) has risen 69,278.6% over the last five years. On the other hand, in the last seven days, it has plummeted 27% to $12,466.
Is Bitcoin Ready to Replace Real Currency?
Despite the higher number of transactions that need to be updated regularly by users, the transaction capacity is intentionally kept very low by the bitcoin founders.
Why the Number of Bitcoins Is Limited
The founders of bitcoin have set a limit of 21 million bitcoins that can be mined over a period of time. Of those, 16.8 million are already in circulation.
How Blockchain Technology Could Reduce Criminal Activities
Before updating data on a blockchain, users must agree about the veracity of the transaction through a process called consensus.
How Digital Assets Could Generate Income
Blockchain technology holds a lot of promise due to its many advantages such as transparency, faster transactions at lower costs, and a reliable system.
Politics and Central Bank Comments Could Drive the Euro Higher
The Eurozone’s inflation data published on January 17 indicated that prices increased 1.4% in December 2017, which is still below the long-term average.
How the US Dollar Could React to a US Government Shutdown
According to the January 19 Commitment of Traders report, released by the Chicago Futures Trading Commission, large speculators have turned bearish on the US dollar.
What Factors Are Driving the Euro Higher?
According to the January 12 Commitment of Traders report, speculators increased their long euro positions by 16,823 contracts last week.
Why the US Dollar Is Losing Its Appeal
The US Dollar Index (UUP) continued its decline, posting a fourth consecutive weekly loss during the week ended January 12.
Factors That Are Driving the Euro Higher
The euro appreciated 0.27% against the US dollar (UUP) after posting double-digit gains against the US dollar in 2017.
Why the US Dollar Began 2018 with Losses
The US Dollar index (UUP) began 2018 on a negative note, posting losses against most of the major currencies.
What to Make of the Surprising Gains in the Euro in 2017
The euro–dollar (FXE) pair closed 2017 at 1.1998. It appreciated by 13% against the US dollar and posted close to 10% gains against the other major global currencies.
How Could the US Dollar Fare in 2018?
The US dollar’s long-term outlook looks marginally better in 2018 than in 2017.
Here’s What Drove the Euro Higher Last Week
The euro (FXE) closed the week ended December 22, 2017, at 1.1864, appreciating 0.94% against the dollar (UUP).
Can the US Dollar Gain Back Lost Ground This Week?
The US Dollar index (UUP) failed to capitalize last week on the optimism from Congress passing the US tax reform bill.
What Drove the Euro Higher Last Week?
The total net speculative bullish positions on the euro (EUFX) increased from 93,106 contracts to 113,889 contracts in the previous week.
Why the US Dollar Resisted the Fed’s Latest Rate Hike
According to Reuters, the US dollar (USDU) net short positions increased to ~-$7.8 billion during the week ended December 15 compared to ~-$4.3 billion in the previous week.
Will the US Dollar Surge Higher after FOMC Meeting?
The US Dollar Index (UUP) continued its ascent against the other major currencies as investors positioned for a rate hike from the Fed and reacted to the increased possibility of tax reforms by the end of this year.
Why the Euro Continued to Fall Last Week
The euro-dollar (FXE) closed the week ending December 8 at 1.18, depreciating by 1.1% against the US dollar (UUP).
Are Politics Holding the Euro Back?
The euro-dollar (FXE) closed the week ending December 1 at 1.19, depreciating by 0.33% against the US dollar (UUP).
Will the US Dollar Surge on Tax Reform News?
The US Dollar Index (UUP) managed to close the week ending December 1 in positive territory with a gain of 0.14%.
Reasons behind a 3rd Weekly Loss for the US Dollar
The US Dollar Index (UUP) had another bad week as traders offloaded long dollar positions amid tax reform uncertainty last week.
How Bitcoin Differs from Other Currencies
Bitcoin has been rallying for the past year, with some proponents advocating that it could replace fiat currencies in the future.
What Drove the Euro Higher against the Dollar Last Week?
The euro-dollar (FXE) closed the week ending November 17 at 1.2, appreciating by 1.1% against the US dollar (UUP).
Could US Dollar Recover This Week?
The US Dollar Index (UUP) continued to struggle as the fate of US tax reform remains uncertain.
How Did Bitcoin Come to Be?
The idea behind bitcoin is simple: to create a new platform for transactions that are independent of central banks and involve minimal transaction costs.
How Euro Managed to Bounce Back Last Week
The euro-dollar (FXE) pair closed the week ending November 10 at 1.2, appreciating 0.48% against the US dollar (UUP).
Will US Dollar Survive Tax Reform Uncertainty?
The US Dollar Index (UUP) lost steam last week after posting three consecutive weekly gains.
Why the Euro Is Likely to Remain Quiet this Week
The euro-dollar pair (FXE) closed the week ending November 3 at 1.1609 against the US dollar (UUP). Worries about a possible escalation of tensions in Spain’s Catalonia region proved futile.
US Dollar Survived Dovish FOMC Statement, Lackluster Jobs Report
The US dollar index (UUP) remained supported last week despite a dovish FOMC statement and a lower-than-expected rise in monthly non-farm payrolls.
Japanese Yen Is Expected to Depreciate More
Since the Japanese election results, the Japanese yen has depreciated. The Bank of Japan is expected to continue the accommodative policy.
Eurozone Inflation Is Improving: Why Is ECB Still Dovish?
On a year-over-year basis, the Eurozone Inflation (VGK) (IEV) (EZU) Index stood at 1.5% in September 2017, the same as in August 2017.
Analyzing the European Central Bank’s October Statement
The reduction to the ECB’s bond-buying program will likely have a mixed impact on the bond markets of countries in the European Union.
Why the ECB Isn’t Worried about the Appreciating Euro
In the ECB’s (European Central Bank) October policy meeting, the ECB didn’t explicitly talk about the appreciating euro.
Update from the European Central Bank’s October Policy Statement
In the ECB’s (European Central Bank) October policy meeting, its laid out its plans for the QE (quantitative easing) program.
How Political Drama and ECB’s Dovish Statement Affected the Euro
The euro-dollar (FXE) pair closed the week ending October 27 at 1.16 against the US dollar (UUP).
How the US Dollar Could React to November FOMC Meeting
The US Dollar Index (UUP) continued its ascent last week.
Why the Euro’s Troubles Could Continue This Week
The euro-dollar (FXE) closed the week ending October 20 at 1.179 against the US dollar (UUP).
What to Expect from the US Dollar This Week
The US Dollar Index (UUP) has bounced back from the shallow low that it saw the previous week.
Will the Euro Regain Its Momentum this Week?
The euro-dollar (FXE) pair closed the week ending October 13 at 1.1822 against the US dollar (UUP). The shared currency managed to rebound from an 11-week low the week before, affected by political turmoil in Spain.
Has the US Dollar Rally Ended for Now?
The US Dollar Index (UUP) turned lower again in last week after a surprise rally following the October jobs report on October 6.
A Look at the Catalonia-Troubled Euro This Week
It’s possible that political pressures could keep the euro under pressure as the economic calendar remains light in the Eurozone.
Are Investors Positioning for a US Dollar Rally?
The US Dollar Index (UUP) closed at 93.64 last week, a gain of 0.82% and the fourth consecutive weekly rise. The dollar didn’t react to a loss of 33,000 jobs in September.
Why Speculators Continue to Bet against the US Dollar
The US Dollar Index (UUP) continued its rally last week, closing at 92.88 and posting a gain of 0.99% for the week.
Will Spanish Unrest Drag the Euro Lower?
The euro-dollar (FXE) closed the week ending September 29 at 1.1814 against the US dollar (UUP). German election results had a minor negative impact on the shared currency.
Could Rising Interest Rates Help the US Dollar?
Double dose of optimism for the US dollar The US dollar (UUP) was being written off before the beginning of September, as the Fed was expected to stay on hold and other major central banks were expected to start policy normalization. However, the Fed had a surprise in store for the market. The FOMC’s (Federal Open […]
Will a Coalition Government in Germany Derail the Euro?
The euro-dollar (FXE) closed the week ending September 22 at 1.2 against the US dollar (UUP).
Why the US Dollar Failed to Rally despite Increased Rate Hike Odds
The US Dollar Index (UUP) failed to rally aggressively despite a hawkish surprise from the US Fed.
Possible Fate of the Japanese Yen amid Increased Uncertainty
Recent geopolitical events have seen the Japanese yen turn volatile amid increased uncertainty from tensions out of North Korea.
Assessing the US Dollar’s Rally after the Latest Hawkish Fed Statement
The US dollar rallied after the latest FOMC (Federal Open Market Committee) meeting statement was released on September 20.
Here’s Why the British Pound Saw a Sharp Rise
The British pound is headed for its fourth weekly positive close in a row backed by the strong August inflation print and the hawkish statement from the Bank of England.
Bank of England Turns Hawkish at September Meeting
At its September meeting, the Bank of England left the benchmark interest rates unchanged at 0.25%.
Why the US Dollar Saw a Sharp Rebound
The US Dollar Index (UUP) witnessed a sharp recovery last week, rebounding from a two-year low of 91.0.
Why Was the Euro a Silent Spectator Last Week?
As per the latest Commitment of Traders (or COT) report, released on Friday, September 15 by the Chicago Futures Trading Commission (or CFTC), speculators turned bullish on the euro during the week.
How ECB Tapering Could Impact European Bond Markets
The European bond market’s reaction to the ECB’s (European Central Bank) September 7 statement has so far been positive.
Can the ECB Stop the Appreciating Euro?
In its September 7 policy meeting, the ECB (European Central Bank) said that currency appreciation or depreciation is not part of its current mandate.
Why Did the ECB Downgrade Its Inflation Outlook?
In its September 7 policy meeting, the ECB (European Central Bank) downgraded the outlook for the EU economy’s inflation.
Why Strong European GDP Growth Momentum Gives Confidence to the ECB
In its September 7 meeting, the ECB (European Central Bank) governing council sounded optimistic about the strong growth momentum in the EU.
Why Some Are Wondering if the European Central Bank Is Getting Ready for an Exit
In its September 7 policy meeting, the ECB (European Central Bank) left its policy measures unchanged, leaving interest rates at 0%.
Why the US Dollar Could Be Poised for Further Losses
The US Dollar Index (UUP) failed to hold onto its gains from the previous week as investors were convinced that the Fed most likely wouldn’t make any changes to its monetary policy this year.
Why the Euro Rose to a 3-Year High Last Week
The euro closed the week ended September 8, 2017, at ~1.20 against the US dollar. It rose 1.48% against the US dollar as euro bulls took charge.
Will the ECB Surprise Markets with a Tapering Announcement?
The governing council of the European Central Bank (or ECB) is scheduled to meet on September 7 in Frankfurt, Germany. The meeting will be followed by a press conference.
How to Make Sense of the US Dollar Rebound
The US Dollar Index (UUP) surprised the markets with its resilience despite a weak August jobs report.
Why the Euro Could Remain Volatile This Week
The euro (FXE) closed the week ended September 1, 2017, at 1.19 against the US dollar (UUP). It lost 0.56% against the US dollar.