(Adds details, table, comment, byline) By Gertrude Chavez-Dreyfuss April 28 Net long positions on the U.S. dollar were near flat from a week earlier, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.
The US Dollar continues to struggle as US economic data surprises have turned lower, expectations of large tax reforms and infrastructure spending have been pushed back, and President Trump indicated that he would prefer a weaker Dollar.
Markets are anticipating a pro-USD outcome from US President Donald Trump when he announces tax reforms on Wednesday, April 25. Dollar bulls need a significant announcement if the USD is to kick-start its ascent.
NEW YORK The euro dipped against the U.S. dollar on Thursday after European Central Bank chief Mario Draghi said policymakers did not discuss removing the bank's easing bias on monetary policy, while the dollar jumped against the Swedish crown after ...
Regardless of what president Trump announces in his tax reform speech today, the Dollar is probably peaking versus western European currencies, says Kit Juckes, a foreign exchange analyst with Soci�t� G�n�rale.