Tag Archives: dollar

The dollar approached a one-month low on Monday at the start of a busy week with US jobs data and a decision by the Australian Central Bank. The dollar index, which measures the performance of the US currency against six major currencies, recorded 92.065, slightly down from its level on …

The dollar fell to a one-month low on Thursday after the Federal Reserve reassured that a rate hike was still a long way off, giving a major boost to most other currencies from the Australian dollar to the Chinese yuan. China’s efforts to calm stock market jitters precipitated by its …

The dollar’s march towards a 3-1/2-month high was halted on Tuesday, July 27th as risk appetite weakened, while the Australian dollar suffered from further tightening of regulation in China. The dollar index recorded 92.73, approaching the highest level since early April, 93.19, which is recorded on July 21. The dollar …

The Dollar Index (DXY) finished Monday on a lower note, amid anticipation for the upcoming policy meeting by the U.S. Federal Reserve. The index, which measures the performance of the U.S. Dollar (USD) against a basket of six major international currencies settled at 92.649, losing 0.28% on a daily basis, …

The safe-haven yen and the US dollar started the week on the rise against more risky currencies such as the Australian dollar, as the rise in Covid-19 cases and the decline of stocks in Asia led to a state of caution ahead of the Federal Reserve (US Central Bank) meeting …

Data released by the US Labor Department on Thursday showed that there were 419k initial claims for unemployment benefits in the US during the week ending July 17. The previous month’s reading was 368k and market expectations were optimistic at 350k. The advance figure for the seasonally adjusted unemployment rate …

The dollar stood within shouting distance of new record annual peaks on Wednesday, as fears of rising covid-19 infections capped gains from interest rate hike expectations. Meanwhile, investors are waiting to get signs from the European Central Bank on their next move. On Tuesday, the euro touched its lowest level …

The dollar, when tracked by the US dollar index DXY, expands optimism in the second half of the week and approaches monthly tops around 92.80, and the index advances for the second consecutive session and trades near the monthly peak located in the 92.80 / 85 range, always on the …

The Canadian dollar was able to complete the bullish correction referred to during the previous analysis, touching the official target station required to be achieved at 1.2600, recording its highest level at 1.2613. Technically, by looking at the 240-minute chart, we find the simple moving averages continuing to hold the …

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