• Positive Data Boosts US Dollar Despite Dovish Comments from Yellen

    The US Dollar Index traded modestly higher on Thursday, aided by positive jobless claims and manufacturing data. The greenback had been pressured after Janet Yellen reiterated on Wednesday at the Economic Club of New York that she expected interest rates to remain very low until economic condition

  • Dollar Steady After Housing and Industrial Production Data

    Housing Starts and Building Permits Miss Expectations The U.S. Commerce Department reported on Wednesday that home-construction starts rose 2.8% to a seasonally adjusted annual rate of 946,000 in March. While the figure marked the fastest rise in three months, it missed analyst expectations of 973,0


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