FOREX-Dollar edges higher after hitting 3-year low

Forex News

The dollar enjoyed a small rebound on Monday as investors bought back the greenback following its plunge to three-year lows.

The U.S. currency has been hurt by a variety of factors this year, including concerns that Washington might pursue a weak dollar strategy and the perceived erosion of its yield advantage as other countries start to scale back easy monetary policy.

Confidence in the dollar has also been shaken by mounting worries over the U.S. budget deficit, which is projected to balloon to $1 trillion in 2019 amid a government spending splurge and large corporate tax cuts.

The return of risk appetite last week after a big stock market fall in early February had also been detrimental to the dollar, but on Monday the U.S. currency found its feet as some investors bought the dollar after the recent falls.

The dollar index was up 0.1 percent at 89.215, off a low of 88.253 hit last week, which was the weakest level for the U.S. currency since December 2014.

Against the euro, the dollar rose 0.2 percent at $1.2399 with traders pointing to crucial business surveys later this week that could give the single currency some more direction.

Versus the yen the dollar gained 0.3 percent to 106.58 yen but remained down 2.3 percent this month.

"The fact that the dollar sell-off ran out of steam on Friday afternoon does not lead me to hope that it is over," Commerzbank analysts said in a note.

"The dollar bears did so well recently that there was time for profit-taking ahead of the weekend. That does not mean that they might not be selling dollar again today with renewed enthusiasm," the analysts said, pointing out that a lack of key data on Monday and a U.S. holiday could keep trading quiet.

The U.S. currency's outlook remains uncertain in the longer-term, strategists said, particularly as other parts of the world where central banks are tightening policy and economies are strong are looking more attractive for investors.

"Inflation worries and concerns about the U.S. fiscal and trade deficits will keep the dollar on the defensive," said Masashi Murata, senior strategist at Brown Brothers Harriman in Tokyo.

"In addition to major currencies like the yen and pound, a significant portion of the selling pressure on the dollar is expected to come from emerging currencies, which either enjoy high yields or are supported by current account surpluses."

With the dollar higher, the pound fell 0.1 percent to $1.4011.

forex dollar to philippine peso
forex dollar to euro
forex dollar chart
forex dollar to rupee
forex dollar index
forex dollars per pip
forex dollar rate
forex dollar to rand
forex dollar to pkr
forex dollar to naira
forex dollar
forex dollar exchange rate
forex dollar and euro
forex australian dollar
exchange dollar and euro
exchange dollar australian
exchange dollar and rand
usd dollar aud
exchange dollar australian euro
exchange dollar and pound
exchange dollar and yen
exchange american dollar to canadian
a dollar exchange rate
a dollar exchange rate to naira
usd a dollar
exchange a dollar
usd dollar bills
exchange dollar baht
usd dollar buying rate
exchange dollar british pound
exchange dollar brazilian real
exchange dollar bolivar
exchange dollar birr
exchange dollar bitcoin
dollar exchange bangalore
dollar exchange best rate
forex dollar cost averaging
forex canadian dollar
forex canadian dollar rate
usd dollar chart
usd dollar converter
usd dollar convert to indian rupees
usd dollar conversion
exchange dollar canadian
exchange dollar canadian euro
c dollar exchange rate
exchange dollar dirham
forex dollar east
fx dollar euro
exchange dollar euro
exchange dollar euro history
exchange dollar euro wells fargo
exchange dollar euro forecast
usd en dollar
exchange euro dollar canadian
dollar exchange en mexico
dollar to usd
usd dollar forecast
exchange dollar for euro
exchange dollar for pesos
exchange dollar for pound
exchange dollar for brazilian real
exchange dollar for canadian
exchange dollar for yen
exchange dollar forint
exchange dollar for naira
exchange dollar for turkish lira
forex dollar gbp
fx dollar gbp
usd dollar graph
usd dollar going down
usd dollar gold
usd dollar gbp
usd dollar getting stronger
exchange dollar ghana cedi
exchange dollar gourde
dollar fx graph
usd dollar history
exchange dollar hong kong
exchange dollar hryvnia
dollar exchange hyderabad
usd hk dollar
hong kong dollar to usd
kurs usd to hong kong dollar
exchange hk dollar euro
exchange huf dollar
usd dollar index
usd dollar in euro
usd dollar index chart
usd dollar indian rupee
usd dollar india rate
exchange dollar in nigeria
exchange dollar in pound
usd dollar in sri lanka
exchange dollar in mexico
i dollar exchange rate
forex jamaican dollar
exchange dollar japan
fx jamaican dollar
forex us dollar japanese yen
dollar exchange jurong point
exchange jamaican dollar to pound
usd jamaican dollar
dollar exchange jaipur
dollar exchange jp
dollar exchange july 2014
forex dollar kwacha
usd dollar ke rupiah
exchange dollar kroner
exchange dollar kenyan shilling
exchange dollar korean won
exchange dollar kurs
exchange dollar kip
exchange dollar krona
exchange dollar kyat
dollar exchange kuwait
forex доллара к рублю
forex live dollar index
exchange dollar lek
usd dollar live rate
usd dollar live chart
exchange dollar lari
usd dollar live
exchange dollar lira
usd dollar live price
exchange dollar london
usd dollar logo
fx dollar mexican peso
forex million dollar pips
exchange dollar mexican peso
exchange dollar metical
exchange dollar montreal
exchange dollar mad
exchange dollar myanmar
usd dollar myr
exchange dollar mexico
dollar exchange mexico today
forex dollar news
forex nz dollar to euro
forex nz dollar
forex naira dollar
usd dollar news
usd dollar notes
usd dollar nok
exchange dollar nok
usd dollar nepal bank rate
exchange dollar new zealand
n dollar exchange rate
exchange of dollar to naira
exchange of dollar to peso
exchange of dollar
exchange of dollar to euro
exchange of dollar to naira today
usd one dollar coin
exchange of dollar to cedis
exchange of dollar to kenya shilling
exchange of dollar to philippine peso
exchange one dollar bills
o dollar exchange
forex dollar price
forex dollar pound
forex dollar peso
fx dollar pound
forex philippines dollar to peso
usd dollar price
usd dollar price today
usd dollar prediction
exchange dollar peso
usd dollar picture
exchange dollar qatari riyal
usd quarter dollar
dollar exchange quetzal
dollar exchange qatar
us dollar forex quotes
forex dollar rand
forex dollar rate in pakistan
forex dollar rate today
forex dollar ruble
forex dollar rate today in pakistan
forex rate dollar east
usd dollar rate
usd dollar rate today
usd dollar rate in india
r dollar exchange rate
forex dollar shekel
forex singapore dollar
forex singapore dollar to phil peso
usd dollar sign
usd dollar symbol
usd dollar strength
exchange dollar shekel
exchange dollar swiss franc
usd dollar selling rate
usd dollar singapore
s dollar exchange rate
forex dollar to philippine peso bdo
fx dollar to euro
exchange dollar to euro
exchange dollar to pound
forex us dollar
forex us dollar to philippine peso
exchange dollar us canada
exchange dollar us euro
exchange us dollar to pound
exchange us dollar to indian rupee
usd us dollar
exchange us dollar to rand
trading us dollar
exchange us dollar to mexican peso
us dollar exchange
u dollar exchange rate
forex dollar vs euro
forex dollar value
forex dollar vs rupee chart
fx dollar vs euro
usd dollar value
usd dollar vs euro
exchange dollar vs euro
usd dollar vs canadian
usd dollar vs rupee
usd dollar value chart
euro v dollar forex
usd dollar wiki
exchange dollar with euro
exchange dollar won
dollar exchange with naira
dollar exchange western union
canadian dollar exchange
dollar exchange with pound
dollar exchange with kwacha
dollar exchange with naira today
dollar exchange with rupee
exchange dollar xof
dollar exchange xe
x exchange dollar euro
forex dollar yen
forex dollar yuan
forex dollar yen chart
exchange dollar yen
exchange dollar yuan
usd dollar yahoo
usd dollar yen
exchange dollar yahoo
dollar exchange yesterday
forex zimbabwe dollar
exchange dollar zloty
exchange dollar zar
usd zimbabwe dollar
usd zim dollar
forex new zealand dollar
forex 1 dollar
usd dollar 100
usd dollar 1
usd 100 dollar bill
usd 1 dollar coin
usd 10 dollar bill
usd 1 dollar bill
usd 1000 dollar bill
exchange 100 dollar bill
exchange 1 dollar to euro
1 dollar forex account
1 usd dollar in indian rupees
1 usd dollar
1 usd dollar in euro
1 usd dollar singapore
1 usd dollar coin
1 usd dollar to rupiah
1 usd dollar to mexican peso
1 usd dollar to koeead
usd dollar 2016
usd dollar 2015
usd dollar 2014
usd 2 dollar bill
usd 20 dollar bill
exchange 20 dollar bills 100
dollar exchange 2015
exchange 2 dollar bills
usd 20 dollar note
dollar exchange 2014
2 usd dollar
usd 2 dollar bill value
usd 2 dollar coin
2 dollar exchange
usd 3 dollar bill
forex 5 dollar
usd 50 dollar bill
usd 5 dollar bill
usd 500 dollar note
usd 5 dollar
usd 5 dollar note
forex free 5 dollar
forex bonus 5 dollar
forex 5 dollars free
5 usd dollar
5 dollar exchange osu
5 dollar exchange gift ideas
8 usd dollar

8 dollar usd en euro

https://t.co/9ZD4CFO3jc

— Algobit Forex (@AlgobitForex) 19 febbraio 2018