SYDNEY (Reuters) - The U.S. dollar held below a 10-month peak against a basket of major currencies early on Thursday, having soared at first on upbeat growth data only to have a dovish Federal Reserve take some steam out of the rally.
The Australian dollar is slightly lower amid more signs the US economy is improving. At 7am in Sydney on Wednesday, the local unit was trading at 93.85 US cents, down from 93.96 US cents on Tuesday. US consumer confidence has risen for the third month ...
Can't access the Dow Jones FXCM US Dollar Index? Try the USD basket on Mirror Trader. **. US DOLLAR TECHNICAL ANALYSIS - Prices continue to advance as expected after putting in a Bullish Engulfing candle pattern at support set from October 2013.
The dollar weakened against the yen and the euro Wednesday after minutes from the Federal Open Market Committee's latest meeting revealed little new information on when the central bank would raise interest rates.
rupee-forecast The US Dollar in Indian Rupee (USD/INR) exchange rate was trending in the region of 60.1025 on Wednesday, off the day's highs of 60.2400 but with the potential to advance considerably once the day's major US reports are published.
An eventful week for the dollar exchange rate complex (USD) is well underway in the mid-week session with Gross Domestic Product (Q2) coming in at 4%, well ahead of the expectation for a reading of 3%.