The US dollar was little changed after early gains versus the euro on Monday morning in New York after last week’s gains on the belief that the US Federal Reserve is almost done cutting interest rates for the time being.
The euro was helped by gains in German consumer confidence and bought $1.5650 at nearly 11 […]

The US dollar gained on the euro on Tuesday as expectations grow that the US Federal Reserve will indicate that it is near the end of its series of interest rate cuts.
The greenback was also helped by new data from the Conference Board showing that US consumer confidence was down less than had been anticipated […]

The US dollar gained slightly on the euro Wednesday morning in New York, putting it on track to its first monthly gain versus the euro this year.
The greenback was helped by the possibility that an expected rate cut from the Federal Reserve today will be the last cut for the time being.
At just past 11 […]

The US dollar was higher versus the euro again on Thursday on the chance that the Federal Reserve will not cut interest rates any time soon after Wednesday’s quarter point cut to 2 percent.
The dollar was helped by a new index reading from the Institute for Supply Management that held steady at 48.6 in April, […]

The US dollar gained on the euro again on Friday to bring this week’s advance against the shared currency to around 1.5 percent.
The greenback was helped by new data from the US Labor Department that showed only 20,000 jobs were lost in the US in April, many fewer than had been anticipated.
The dollar also gained […]

The euro strengthened versus the US dollar on Monday on the possibility that the European Central Bank will hold interest rates steady when it meets later in the week after the Bank’s president called the risk of inflation in the Eurozone significant.
The dollar’s decline, however, was moderated by new index readings from the Institute for […]

The US dollar weakened versus the yen and the euro after mortgage company Fannie Mae (NYSE: FNM) announced that it lost $2.19 billion in the first quarter and said that it expects losses next year to top this year’s.
The company also said it will slash its dividend, the second such announcement since December, and that […]

The US dollar gained on the euro and the yen Wednesday after the Labor Department reported that non-farm worker productivity was up in the first quarter and on comments from the president of the Kansas City Federal Reserve.
Non-farm productivity was up by 2.2 percent on an annualized basis in the first quarter even as worker […]