29th May 2017
The Greenback recovered vs. a basket of currencies as US GDP growth revised up to 1.2% in Q1 from 0.9%.
26th May 2017
Oil prices fell as much as 5% yesterday after OPEC and other major exporters including Russia extended their current agreement to reduce oil production for 9 months, leading to traders disappointment who were expecting deeper cuts.
25th May 2017
The U.S. dollar failed to manage its gains and declined yesterday, as the Federal Reserve’s last policy meeting showed that Fed policymakers agreed they should hold off on raising interest rates until they see evidence that a recent economic slowdown was transitory.
24th May 2017
The U.S. dollar recovered slightly against most major pairs yesterday. Meanwhile, markets are awaiting minutes from May’s FOMC policy meeting, which will be released later today.
23rd May 2017
The U.S. dollar fell yesterday vs. a basket of major currencies for the second week in a row, negatively affected by the U.S. political uncertainty and as weak U.S. economic growth.