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1st March – Daily Market Review

The dollar surged Friday, riding on the coattails of the recent surge U.S. Treasury yields amid bets the U.S. will emerge from the crisis stronger than its peers, but the greenback’s momentum is unlikely to last, experts warn.


25th February – Daily Market Review

The safe-haven U.S. dollar languished near three-year lows versus riskier currencies on Thursday as continued dovish signals from the Federal Reserve stoked reflation bets.


24th February – Daily Market Review

The dollar drifted lower in early European trading Wednesday, with traders betting on riskier currencies after Federal Reserve Chairman Jerome Powell kept a dovish stance in his semi-annual testimony to Congress.


23rd February – Daily Market Review

The dollar edged higher in early European trading Monday, rebounding to a degree after earlier falling to multi-year lows against a number of currencies as vaccine progress prompted optimism on a prompt global economic recovery.


19th February – Daily Market Review

The U.S. dollar paused on Friday after its biggest loss in 10 days as disappointing U.S. labour market data bruised optimism for a speedy recovery from the COVID-19 pandemic.


17th February – Daily Market Review

The dollar held the upper hand against low-yielding currencies on Wednesday, hitting a five-month high against the yen as U.S. bond yields jumped on the prospects of further economic recovery and a possible acceleration in inflation.


16th February – Daily Market Review

The dollar fell to a three-week low on Tuesday, sterling hit an almost three-year high and commodity currencies rose as vaccination progress added to investors’ recovery hopes.


15th February – Daily Market Review

The dollar edged higher in early European trading Friday, but still heading for its first weekly loss in three as doubts emerge about the strength of the U.S. economic recovery.


12th February – Daily Market Review

The dollar headed for its first losing week in three as new signs of weakness in the U.S. jobs market dented investor expectations about the pace of economic recovery from the pandemic.


11th February – Daily Market Review

The dollar was largely unchanged in early European trading Thursday, continuing to trade around two-week lows, after Fed chief Jerome Powell emphasised the need to keep monetary policy accommodative for some time. Federal Reserve Chairman Jerome Powell said Wednesday, while he spoke at the Economic Club of New York, a “patiently accommodative monetary policy stance” is important to boost the labor market and the overall economy following a stall in recent months.