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Monthly archive April, 2019

Dollar Displays Strength Against Rivals

The U.S. dollar displayed immense strength on Wednesday after most of its peers shed ground amid concerns about growth.Original Article Read More →

Dollar Gains Against Major Rivals On Results, Economic Data

The U.S. dollar rose against most of its major rivals and Tuesday and the dollar index surged to a 22-month high, with upbeat results and an unexpected jump in new home sales triggering the move up north.Original Article Read More →

U.S. Industrial Production Unexpectedly Edges Lower In March

Reflecting a notable decrease in mining output, the Federal Reserve released a report on Tuesday showing U.S. industrial production unexpectedly edged lower in the month of March. The report said industrial production dipped by 0.1 percent.Original Article Read More →

German Investor Confidence At 13-month High

Germany's investor confidence rose sharply in April and topped economists' expectations, raising hopes of a rebound in the biggest euro area economy, but a sharp deterioration in the current assessment suggest that the outlook is set to remain greatly subdued Read More →

U.S. Homebuilder Confidence Shows Modest Improvement In April

A report released by the National Association of Home Builders on Tuesday showed a modest improvement in U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to 63 in April Read More →

Dollar Mostly Steady Against Major Rivals

The U.S. dollar was fairly steady against most major currencies on Tuesday, with traders reacting to a mixed batch of economic data from the U.S. and Europe and reports that several ECB members felt economic projections for Eurozone growth were Read More →