Neil Mellor

Dollar Struggles After Worst Start To Year In Decades

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The dollar recovered a little ground on Wednesday after recording its worst start to the year in three decades on concerns the United States was poised to ditch its two-decade-old “strong dollar” policy. The greenback skidded 2.6 percent against a basket of major peers .DXY in January, its worst showing since 1987. It fell first … Read more

Dollar At Nine-Month High On Bets For Fed Hike, Clinton Victory

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The dollar hit a nine-month high against a basket of currencies on Monday, buoyed by expectations that the Federal Reserve will raise U. S. interest rates this year and that Donald Trump will not become the U.S. president. After three straight weeks of gains, the dollar index – which tracks the greenback against a basket … Read more