By Peter Nurse Investing.com – The U.S. dollar steadied near its seven-week low in early European trade Friday as traders contemplated the Federal Reserve’s next move as confidence in the banking sector remained fragile. At 03:55 ET (07:55 GMT), the Dollar Index , which tracks the greenback against a basket of six other currencies, traded…
By Peter Nurse Investing.com – The U.S. dollar slumped to a seven-week low in early European trade Thursday following the latest Federal Reserve interest rate increase, while the pound surged ahead of a Bank of England get-together. At 04:05 ET (08:05 GMT), the Dollar Index , which tracks the greenback against a basket of six…
By Peter Nurse Investing.com – The U.S. dollar traded near five-week lows in early European trade Wednesday ahead of the latest Federal Reserve interest rate decision, while surprisingly strong U.K. inflation data lifted the pound. At 03:55 ET (07:55 GMT), the Dollar Index , which tracks the greenback against a basket of six other currencies,…