Stock Market & Investment News

The Dollar was largely rangebound in N.Y. on Tuesday, though ultimately headed slightly lower. The DXY topped at 92.13 early, later hitting a low of 89.76. Trade was light ahead of Fed Chair Powell’s testimony, though based on his published written remarks, he should not stray from his recent stance on employment and inflation. Incoming […]

The dollar sank back after rising moderately during the early part of the Asia-Pacific session. Other currencies showed some independent movement. The yen, for instance, weakened, which aided USD-JPY to a three-month high at 110.92 — 6 pips of 15-month high territory. At the same time, EUR-JPY posted a six-day high at 132.32, while the […]

The dollar sank back after rising moderately during the early part of the Asia-Pacific session. Other currencies showed some independent movement. The yen, for instance, weakened, which floated USD-JPY into 15-month high territory above 111.0, despite dollar declines versus other currencies. At the same time, EUR-JPY posted a six-day high at 132.70, while the likes […]