The dollar is up slightly against its major European competitors on Monday, as concerns over the situation in Greece have reduced the risk appetite of investors. However, the dollar has weakened in comparison to the Japanese Yen. Eurozone finance ministers will meet again in Brussels later today to finalize a deal to clear the next
The dollar is little changed against its major competitors on Tuesday, following a stronger than expected housing start report. The U.S. currency has added slightly to yesterday’s weakness against the Euro and pound sterling, but is climbing against the Japanese Yen. In another sign of recovery by the U.S. housing market, the Commerce Department released
The dollar is adding to its recent gains against its major European competitors on Monday, but is pulling back against the Japanese Yen. The U.S. Presidential election will be held on Tuesday, bringing the close race between Barack Obama and Mitt Romney to a conclusion. The lack of a clear frontrunner has led investors to
The dollar is little changed in comparison to its major competitors Wednesday. The Federal Reserve concluded its 2-day meeting on Wednesday and, as expected, made no change to its highly accommodative monetary policy. New home sales in the U.S. increased more than expected in September, providing further evidence of the improvement in housing. The Federal
The dollar has extended its recent gains against its major European competitors on Tuesday, as the risk appetite of investors remained low. The decision by the International Monetary Fund to cut its global growth estimate for this year as well as the next has further rattled investors, as debt concerns in Europe linger. Stepping up
