The dollar is attempting to rebound from some recent weakness against its major competitors at the end of the trading week. The U.S. currency was under pressure yesterday after investor concerns over Fed tapering resurfaced. However, the dollar has begun to rebound following the release of the weaker than expected U.S. consumer sentiment report. New
The dollar has returned to nearly unchanged against all of its major competitors Thursday, on a very choppy trading day. Early losses turned to gains, which have since eroded as investors digest a flood of economic data. Investor concerns over Federal Reserve tapering of its stimulus measures have also flared up again Thursday, due to
The dollar is rising against its major competitors for a third consecutive session on Tuesday. The currency is continuing its efforts to rebound from the weakness it endured for the majority of the prior trading week, due to fears that the Federal Reserve would act soon to taper its stimulus measures. Retail sales in the
The dollar rebounded from nearly a week long decline at the end of the previous trading week and has continued those efforts on Monday. The currency’s weakness for the majority of the previous week was caused by investor fears that the Federal Reserve would soon begin tapering its stimulus measures. There has been little news
The dollar has been under pressure since the end of the previous trading week, but is attempting to rebound on Friday. The U.S. currency is rising slightly against its major European competitors and is holding steady against the Japanese Yen. The recent weakness has been due to fears that the Federal Reserve will act soon
