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Dollar regains some of its strength after positive economic data and gold is settling above the 1250 level

A strong rise in US November Retail Sales that beat expectations boosted the Dollar Index (USD/DXY) following its post-FOMC sell-off.

READ MORE12/15/2017
The Dollar fell sharply after FOMC and expectations of Three interest rate increases only in 2018

As expected, the Fed raised its key interest rate by 25 basis points while maintaining its projection of three rate hikes in 2018.

READ MORE12/14/2017
The meeting of the Federal Open Market Committee (FOMC) is dominating the markets today and traders are waiting for this event

The Dollar Index (USD/DXY) advanced ahead of the most anticipated Federal Reserve meeting this year.

READ MORE12/13/2017
Markets are waiting for FOMC tomorrow and Yellen’ speech to predict how monetary policy and interest rates will be for the coming year

Wall Street stocks finished higher. The S&P 500 added 0.40%, closing at a fresh record high. The yield on the US Ten-year treasury rose one basis point to 2.38%.

READ MORE12/12/2017
The dollar is stabilizing ahead FOMC meeting on Wednesday

After another choppy session following the US Payrolls release, the Dollar Index (USD/DXY) ended with mild gains.  

READ MORE12/11/2017
Dollar making record gains and gold touches the 1256 level

The Dollar’s upward grind against most of its Rivals extended amidst a fall in bond yields. 

READ MORE12/7/2017
The dollar keeps its gains awaiting the non-farm payrolls report on Friday

The Dollar Index (USD/DXY) maintained its bid tone as two of its main Rivals fell. The Euro edged lower due to a lack of buying support and breaking an uptrend that began in November. 

READ MORE12/6/2017
Dollar continues to gain after the new tax law and the pound drops after obstacles in the European talks

The British Pound ended a volatile session little-changed against the US Dollar after Brexit negotiations failed to show sufficient progress. When reports that no Brexit deal was reached between the UK and EU at their meeting in Brussels, Sterling slumped before trimming its losses. 

READ MORE12/5/2017
The US Senate approves the tax bill in an important victory for Tramp and Dow Jones to record times

Headlines dominated trade with political developments weighing on the Dollar into the New York close. ABC News reported that former US national security advisor Michael Flynn was prepared to testify that President Donald Trump directed him to contact Russian officials.

READ MORE12/4/2017
Dollar is trying to maintain its gains and markets waiting for the US Congress vote on the tax plan

The Dollar struggled to keep its gains even as US yields continued to climb. A New York Times report said that the US Secretary of State Rex Tillerson may be replaced with CIA Director Mike Pompeo. Month-end flows also weighed on the Greenback. 

READ MORE12/1/2017