Category Archives: Financial

Dollar remains broadly higher vs. other majors

The dollar remained generally higher against alternative major currencies on weekday, once the discharge of upbeat U.S. unemployed claims information and as growing expectations for a March rate hike by the FRS continuing to support demand for the buck. The U.S. Department of Labor aforementioned initial unemployed claims declined by nineteen,000 to 223,000 within the… Read More »

Dollar gains as U.S. March rate hike seen more likely

The greenback gained to seven week highs against a basket of currencies on Thursday, once hawkish comments by a Federal Reserve official late on Wed inspired investors to expect a near-term rate of interest hike. Fed Governor Lael Brainard aforesaid AN rising international economy and a solid U.S. recovery mean it’ll be “appropriate soon” for… Read More »

Dollar inches higher

The U.S. greenback command firm against a basket of major currencies on weekday, when positive U.S. market information supplementary to expectations that the FRS could hike interest rates in March. The U.S. greenback index, that measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.41% to 102.15. Growing expectations that the… Read More »