Mon, February 06, 2023

EUR/USD

Federal Reserve and expectations

The U.S. Dollar Continues to Fall, This Time Amid CPI Release

Sterling crept higher on a slight third-quarter growth contraction. Meanwhile, the U.S. dollar dropped in early European trade on Friday, continuing a selloff from the previous session. The Dollar Index measures the dollar’s value against a basket of six other currencies. It was down 0.5% at 107.50 at 02:50 ET (07:50 GMT). The index reached …

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The Latest Forex News – Dollar Drops as Euro/Sterling Seesaw

Recently, there have been a lot of changes in the international currency markets. The dollar has been losing value against other currencies, most notably the euro and sterling. This is mainly due to the U.S. midterm elections, which could result in a Republican-controlled Congress. Many people wonder how this will affect the process of U.S. …

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Dollar

Sterling Sinks Further Down While the Dollar Surges Higher

Early on Thursday in European trade, the U.S. dollar continued its upward trend as sterling fell as the relief rally triggered by the Bank of England’s intervention in the bond market fizzled out. The Dollar Index, which measures the value of the U.S. dollar against a basket of six other currencies, increased 0.8% to 113.438 …

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