The dollar is little changed in comparison to its major competitors at the start of the new trading week. Investors have been cautious as they await some upcoming speeches at the end of the week from some of the top central bankers. Federal Reserve Chairman Ben Bernanke will give a speech at the Kansas City
The dollar extended its losses against the Euro on Thursday, but was little changed against the rest of its major competitors. The minutes from the most recent FOMC meeting were released Wednesday afternoon and they suggest that the Federal Reserve may proceed with a third round of quantitative easing. The Federal Reserve is losing patience
The dollar has pulled back in comparison to its major European competitors on Thursday, but has continued to gain ground against the Japanese Yen. There has been little in the way of major news released during today’s session. Investor sentiment continued to be impacted by yesterday’s mixed U.S. economic results. Investors are now of the
The dollar has gained ground in comparison to its major competitors on Tuesday, bouncing back from some recent weakness. The move today was fueled by a larger than expected increase in U.S. retail sales for the month of July. U.S. retail sales rebounded by more than expected in the month of July, according to figures
The dollar has weakened in comparison to its major European competitors on Monday, but has held steady compared to the Japanese Yen. Investor sentiment was impacted by the weaker than expected Japanese GDP result earlier today. There had been speculation that the Chinese government would announce some form of stimulus over the weekend, after the
