18th October 2017
On Wednesday, the Greenback rose vs. a basket of major currencies as investors are awaiting further news on the possible appointment of a hawk as Fed chair and progress on the U.S. tax reform plan.
17th October 2017
On Tuesday, the Greenback hit new highs vs. a basket of major currencies, backed by a rise in Treasury yields following a report that U.S. President Donald Trump was supporting a policy hawk as the next head of the Federal Reserve.
16th October 2017
On Monday, the Greenback fluctuated vs. a basket of major currencies after mixed consumer inflation data clouded the outlook for another rate hike.
13th October 2017
On Friday, the Greenback touched its biggest weekly drop in more than a month vs. a basket of major currencies, erasing gains posted after the previous session's upbeat U.S. data, as traders remained cautious ahead of U.S. inflation data, which will be released later on today.
12th October 2017
On Thursday, The Greenback declined to two-week lows vs. a basket of major currencies amid fresh uncertainty over a potential U.S. rate rise before the end of the year.