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July 25, 2023 16:44
The U.S. dollar edged lower Tuesday, amid caution ahead of the start of the two-day Federal Reserve policy meeting, while the Chinese yuan strengthened after Beijing pledged to step up policy support.
At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 100.985.
Dollar slips ahead of start of Fed meeting
The dollar has slipped slightly after weak U.S. business activity data r...
July 24, 2023 16:43
The U.S. dollar edged lower in early European hours Monday, but losses are minimal as traders await signals from a string of central bank meetings this week, with the Federal Reserve, in particular, in the spotlight.
At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 100.645, well above a 15-month low hit earlier in July.
Fed future guidance seen key
The dollar gained over 1% last week...
July 21, 2023 16:51
The U.S. dollar edged lower in early European hours Friday, consolidating after the previous session’s strong gains, with traders wary ahead of next week’s Federal Reserve meeting.
At 03:00 ET (07:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 100.480, after gaining 0.5% overnight.
The index is on course for a gain of around 1% this week, bouncing off the 15-month low seen earlier in the week...
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