The dollar languished at its lowest in over two months, under pressure from poor data, while a further spike in German yields gave the euro support.» Read More
Jeffrey Halley, Senior Manager FX Trading, Saxo Capital Markets and Paul Bloxham, Chief Economist for Australia and New Zealand, HSBC discuss what impact a default would have on the USD.
The dollar index rose Friday, heading for its first weekly gain in five, as optimism grew that Congress will reach a stop-gap deal to avert default.
The dollar rose to a two-week high against major currencies as optimism grew that lawmakers might reach a deal to avert a U.S. debt default.
The dollar rose on Wednesday as news that Federal Reserve Vice Chair Janet Yellen will be nominated as the next chief removed uncertainty in markets.
The dollar remained near its recent eight-month lows as U.S. lawmakers struggled to find a solution to the country's budget and debt problems.
Mitul Kotecha, Head of Global FX Strategy, Credit Agricole explains why he's bullish on the euro.
The dollar index rose for the first time in six sessions but was within striking distance of a recent eight-month low investors remained cautious.
Saktiandi Supaat, Head of Global FX Strategy at Maybank expects the cross to remain in a trading range of 96-100.
The U.S. dollar index fell for a fifth straight session against, hitting an eight-month low, as investors fretted about a U.S. government shutdown.
The euro soared to an eight-month high vs the dollar on Wednesday as ECB President Mario Draghi stuck with the bank's current monetary policy stance.
Michael Every, Head of Financial Markets Research, Asia-Pacific, Rabobank, tells investors to short the greenback until markets receive signs of how long the shutdown will last.
The dollar traded broadly lower on Tuesday, but came off its deepest lows of the day after robust U.S. manufacturing data offset fears that the U.S. government's first partial shutdown in 17 years would clip the economic recovery.
The euro hit a five month low versus the Swiss franc on Monday as political tensions in Italy escalated, while investors shunned the dollar ahead of a government shutdown.
A broadly weaker dollar hit a 7-1/2 month low against the safe-haven Swiss franc, hurt by wrangling over the U.S. budget and a lack of clarity over the Federal Reserve's stimulus.
The dollar posted slim gains against a basket of currencies on Thursday, but remained weighed by the ongoing U.S. budget impasse.
Peter Rosenstreich, Chief FX Analyst at Swissquote Bank warns of volatility in the U.S. dollar until the Fed begins to taper.
The dollar fell on Wednesday as concerns about a potential U.S. government shutdown left investors wary.
The euro slipped against the dollar and yen on Tuesday, undermined by German sentiment data that was slightly below expectations.
The euro rose on Monday after German Chancellor Angela Merkel won a third term in office and German, French and euro zone private sector surveys came in better than expected.
The dollar on Friday edged up, helped by comments from Fed officials suggesting a reduction in stimulus could be closer than many thought.