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US Dollar back in the green in choppy trading with markets looking for direction on mixed initial US data for this week

The US Dollar (USD) is flat for this trading session just minutes after the US opening bell. The Greenback was able to recover earlier losses with Durable Goods triggering some US Dollar strength. Meanwhile some easing unfolded on the

US Dollar back under pressure despite empty Friday calendar

The US Dollar (USD) is closing this week’s performance at a loss. A correlation with the risk sentiment and the fact that equities had a very upbeat week makes it clear that the US Dollar does not thrive when there is a risk on tone present in markets.

US Dollar retreats as  risk-on mood outweighs Fed s caution over rate cuts

The US Dollar (USD) is returning back to flat after a dropkick moment on Thursday after a string of events accelerated a downside move in the US Dollar Index (DXY) overnight. The first decline came on the back of the US Federal Reserve

US Dollar turns red ahead of Fed FOMC Minutes with markets scattered on next steps for the Fed

The US Dollar (USD) is in the red and flirts again with a break below 104 in the US Dollar Index (DXY). Although the US Dollar was stronger earlier in the European trading session, pressure is on with the EU issuing a new bloc of sanctions that

US Dollar dives lower with US markets opening this week officially

The US Dollar (USD) is turning deep red in its first US opening bell of this week, with markets seeing European yields soaring against steady US rates. The uptick in European rates comes after an European Central Bank (ECB) report that sees wages

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