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Dollar retreats after Fed meeting, while euro shines ahead of ECB

Investing.com – The U.S. dollar retreated in early European trade Thursday, continuing the previous session’s selloff after the Federal Reserve signaled a pause to its year-long tightening cycle after its latest interest rate hike. At 02:55 ET (06:55 GMT), the dollar index , which tracks the greenback against a basket of six other currencies, traded … Read more

Dollar weakens ahead of conclusion of Federal Reserve meeting

Investing.com – The U.S. dollar slipped lower in early European trade Wednesday ahead of the conclusion of the Federal Reserve’s two-day policy meeting and after downbeat jobs data. At 03:05 ET (07:05 GMT), the Dollar Index , which tracks the greenback against a basket of six other currencies, traded 0.3% lower at 101.420. Traders appear … Read more

Dollar edges higher, yen slumps after dovish BOJ meeting

Investing.com – The U.S. dollar edged higher in early European trade Friday, but was still on course for a monthly loss, while the Japanese yen slumped after the Bank of Japan largely maintained its dovish stance. At 02:55 ET (06:55 GMT), the Dollar Index , which tracks the greenback against a basket of six other … Read more

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