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10th May – Daily Market Review

The dollar edged lower in early European trade Monday, continuing its weakness after falling to a two-month low on the back of Friday’s disappointing U.S. jobs report, which pointed to the ultra-low interest rate policy staying in place for some time.


7th May – Daily Market Review

The dollar was stuck around a one-week low on Friday, under pressure ahead of U.S. jobs data that is expected to underpin hopes for a strong post-pandemic economic recovery and to increase investor risk appetite.


6th May – Daily Market Review

The dollar hovered near a two-week high on Thursday, consolidating ahead of a key U.S. jobs report that may provide clues on when the Federal Reserve will dial back monetary stimulus.


5th May – Daily Market Review

The dollar hit its highest in over two weeks on Wednesday, extending a rally as chatter about the possibility of higher U.S. interest rates and a sell-off in tech stocks soured risk sentiment to the benefit of the safe-haven currency.


4th May – Daily Market Review

The U.S. dollar extended gains on Tuesday, partially unwinding a month long decline as investors weighed chances that interest rates will be forced higher by a roaring U.S. economic recovery and awaited upcoming data and policy speeches for clues.


3rd May – Daily Market Review

The dollar was mainly flat in early trade in Europe on Monday, set for a quiet day of trading on a public holiday in the U.K., the region’s biggest forex trading hub.


30th April – Daily Market Review

The dollar edged higher Friday, but remains near multi-week lows and was set for a fourth consecutive week of losses with the U.S. Federal Reserve retaining its dovish monetary policy even as the economy recovers.


29th April – Daily Market Review

The dollar was largely unchanged Thursday near multi-week lows after the U.S. Federal Reserve maintained its very dovish monetary policy, boosting confidence in the global economic recovery.


28th April – Daily Market Review

The U.S. dollar edged higher on Wednesday as investors moved to the sidelines ahead of a U.S. Federal Reserve policy statement and a speech by Joe Biden later in the day where the U.S. president is set to announce more stimulus plans.


27th April – Daily Market Review

The dollar edged higher in early European trading Tuesday, but remained near multi-week lows ahead of the start of the Federal Reserve’s two-day policy decision meeting.