US dollar performance is mixed today as Forex traders look for direction and mull economic data. Yesterday, July retail sales showed a bigger improvement than expected, but the latest retail-level inflation data shows flatness. As a result, QE3 may not be an immediate occurrence.
US dollar is pulling back today as Forex traders decide to go for a taste of yield. Over all, risk appetite hasn’t truly returned, but the US economy is just slow enough that many are re-evaluating their positions and paring back recent gains for the greenback.
US dollar is heading higher today, surging ahead of its high beta counterparts as improved economic data is reported, and as risk appetite flees in the wake of disappointed ECB hopes.
US dollar is pulling back today, thanks in large part to the appearance of risk appetite in the financial markets. Risk appetite has been building since the end of last week, and the greenback is lower as Forex traders look for better returns for their money.
thanks to the latest payroll data out of the United States. The US dollar is down pretty much across the board as Forex traders show their excitement over better than expected jobs data.
US dollar is lower today, heading down against European currencies as risk appetite returns and Forex traders look for better gains. US dollar is down especially against the euro as expectations rise concerning the upcoming ECB meeting.
US dollar is back on top, thanks to concerns about growth and a lack of good news out of the eurozone. Risk appetite has all but disappeared, and the US dollar is once again the currency of choice.
Euro slumped to a two-year low against the US dollar earlier today, starting off with a rather dramatic loss. However, things have begun looking up, at least a little, and the euro is heading higher.
US dollar is retaining the upper hand in trading today, as uncertainty remains. Concerns about the eurozone remain, even after the announcement of the Spanish bailout. While US dollar has pared some of its gains, it is still retaining a lot of its strength, especially against the European currencies.
Euro dropped to a two-year low against the US dollar earlier, but is trying to pare some of its losses and log some gains ahead of a meeting between European finance ministers. Uncertainty is strong today, but there are small inklings of hope for the eurozone as well.
