Powell testimony

Somewhat Firmer Dollar and Share Prices Holding onto Monday’s Recovery

June 22, 2021

The dollar firmed overnight by 0.2% against its weighted DXY index, the yen, euro, Swiss franc and loonie. The dollar also advanced 0.3% against the Australian dollar and sterling, 0.4% versus the Mexican peso, and 0.1% vis-a-vis the kiwi and yuan. The dollar fell back 0.9% against the Turkish lira from a record high. Last […] More

Dollar Higher on News of Industrial Production Rebound and Amid Powell Testimony

July 17, 2018

The dollar is trading above Monday closing levels by 1.0% against the Swiss franc, 0.6% versus the yen and sterling, 0.4% vis-a-vis the Australian dollar and 0.2% relative to the euro, loonie, yuan and peso. U.S. industrial¬† production rebounded 0.6% in June from a 0.5% decline in May. Factory output advanced 0.8%, and overall capacity […] More