dollar

USD The dollar is much weaker this morning after climbing in recent trading days. The AUD/USD forex binary option is higher by 0.12 percent at $1.0418. The USD/CHF has fallen 0.17 percent to the 0.9442 Swiss francs level. The GBP/USD pair has gained 0.15 percent to $1.6007. The demand for the...

Dollar Dollar to stay strong The win for Obama may increase the trader’s appetite to take risks for the short term but along with it will raise the risk of a fiscal cliff. Although a fiscal cliff will hurt the US economy the dollar is expected to stay strong. The Federal Reserve’s open ended...

Dollar Dollar dips against major currencies The dollar is being affected by the air of uncertainty regarding the presidential elections which can be seen in its weak performance against all major currencies especially the Australian dollar. The Australian dollar was above the 1.04 mark...

Dollar USD up 0.23 percent against major currencies A strong dollar has made all the commodities more expensive for other currency buyers. The dollar rose above the Euro as the investors are in a bearish mode as far as the euro is concerned till positive news on the austerity package from...

Dollar USD to suffer from losses amounting to about 20 billion The world’s largest economy is likely to suffer from a short term, yet strong blow in the gut owing to the super storm that is engulfing it at the present. The storm struck on a working day forcing an emergency closure of all...

DOLLAR USD climbs against Taiwan Dollar The USD rose against the Taiwan dollar as it took a gain of about NT$0.3 and closed at the highest level of the day at NT$29.290. This came in as the intervention by the central bank stopped the losing streak of the greenback for the last three...

Dollar USD caps losses in yesterday’s trading The US Dollar capped losses for the entire day on Wednesday against all its competing currencies. One of the reasons for this was that Japan announced a round of monetary easing. The Japanese Yen therefore saw a rise. There was also the...