US dollar is falling today, thanks to upbeat news out of China and Europe. With risk appetite on the rise, there is little demand for the safety and stability of the US dollar. Forex traders are, instead, turning to higher yielding currencies.
It’s true that US dollar has been somewhat flat today against other majors, but it was falling against the euro at one point. Now, though, the greenback has the upper hand again as uncertainty takes center stage
US dollar is falling across the board today as some optimism makes an appearance in the markets, and as traders continue to digest the latest statement from the Federal Reserve
US dollar is lower today, falling as warnings about the slow economic recovery in the United States remain intact. The US dollar doesn’t look as attractive as it did a couple of weeks ago, and disappointing economic data in the United States is only confirming that view.