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Congressional Leaders Compromising on Stimulus The US index fell by 0.25% on Tuesday as it gravitated back to a 32-month low. This comes as Congress leaders double down on efforts to break the long-standing stimulus deadlock by the end…
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US Stimulus Hopes Alive The US index slipped another 0.30% on Monday as it once again failed to an attempt at the 91 handle. The recent bipartisan covid-19 relief plan is said to be split into two packages to win approval after weeks of…
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Dollar Looks for Respite The US index rose slightly higher yesterday, just under 0.1%, as it achieved its third consecutive daily gain. Persistent Brexit uncertainty, added with the upcoming ECB meeting, saw investors shift sentiment…
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Dollar Attempts to Regain its Smile The US index spiked up during yesterday’s session but failed to close above the 91 handle. Risk aversion initially lent some support to the dollar as there was a 3-day peak on the index. However,…
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End of Month Woes for the Dollar The US index initially dropped to fresh yearly lows yesterday, before rebounding and ending the session 0.19% higher. The index fell to levels last seen more than two years ago as the risk-on sentiment…
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Greenback Unable to Hang On The US index retraced its recent gains as it closed 0.42% lower yesterday. Sentiment shifted on the back of consumer confidence falling more than expected in November. This came amid a widespread resurgence…
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Dollar Finds Support The US index ended Monday’s session higher by 0.26% after touching the 92 handle. A shift in risk appetite led investors to initially move away from the greenback. However, strong flash manufacturing and PMI…
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Vaccination Reports Cause a Merry-Go-Round The US index ended Wednesday’s session 0.28% higher, as it reclaimed the 93 handle. A choppy greenback is apparent as political uncertainties and rumors circulating around the potential…
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Dollar Remains Cautious  The US index gave way to some of Monday’s gains as it closed slightly lower yesterday. The dollar continues to look at the US political scenario in the wake of Joe Biden’s victory. Donald Trump is still pressing…
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