Tag Archives: Forex

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 …

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 euro moved away from its lowest level in more than three and a half months against the dollar on Thursday, July 15th after cautious comments from the US Federal Reserve chief, which limited the recent rise in Treasury yields. US Federal Reserve Chairman Jerome Powell said in testimony before …

The US dollar rose Wednesday, July 14 to touch a three-month high against the euro and hit a one-week high against the Japanese yen, after rising US inflation spurred bets for a faster monetary tightening than Fed officials have indicated so far. The New Zealand dollar jumped more than 1% …

The dollar stabilized against most currencies on Monday, as investors were cautiously overwhelmed by pandemic concerns, while they also awaited more indications of a global economic recovery before taking their next steps. With the market highly sensitive to any talk of an early easing of stimulus, US inflation data will …

The movement of the US dollar stabilized against other major currencies, during trading at the end of the week on Friday. Thus, the DXY dollar index is trading above 92.00 points for the second week in a row, with the current week ending slightly lower compared to last week. The …

The euro traded near a three-month low against the dollar on Wednesday after German data raised doubts about the strength of the economic recovery, while the US currency awaited the minutes of the Federal Reserve’s latest meeting. The single European currency was trading at $1.1820, after touching a three-month low …

The dollar fell against a basket of major currencies during Monday’s trading, after hitting a rapid rally when a batch of mixed US business data last week led to investors’ worries about a faster end to monetary stimulus. While the headline jobs figures for June beat expectations, unemployment rates rose …

Friday, July 2nd, the US dollar hit a three-month high against other major currencies, as traders are betting that strong US labor market data could push the currency higher. And the dollar index is on track to achieve another weekly gain of about 1%. The rise is the fourth in …