The USD closed marginally higher yesterday after being down nearly 0.4% overnight, buoyed by strong domestic data and commentary from Trump.
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After an active start to the week, early market activity today points to a steady continuation of trends, with several noteworthy developments shaping sentiment.
After dropping by about 0.1% yesterday, the US Dollar Index is down another 0.3% this morning after the release of multiple US economic data points earlier.
As we close out the week, the markets are reflecting a pullback in the U.S. dollar, with strength observed across the three major currencies we’re focused on.
As we begin the week, the U.S. dollar is showing strength against most major currencies, reflecting a cautious tone in global markets.
The US dollar is back in the green today after the release of GDP and jobless claims data earlier this morning.
The US Dollar is down this morning as traders analyze an array of data from the US and across the globe.
The U.S. dollar is on the upswing this morning, up around 0.1% as Q3 kicks off with a heavy dose of global manufacturing data.
The Dollar sank to the day’s lows amidst an action-packed morning in the US and Europe, highlighted by the ECB’s latest interest rate decision and US retail sales.
The Dollar is on pace for its worst week since January after the Dollar Index dropped 0.8% yesterday – its biggest single-day loss since March.
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